Cemig Geracao e Transmissao S.A. -- Moody's assigns Ba1 / Aa2.br rating to CEMIG GT's BRL 1 billion senior, unsecured, backed debentures; outlook negative

Sao Paulo, June 17, 2015 -- Moody's América Latina (Moody's) assigned the Ba1 rating on the global scale, and the Aa2.br Brazilian National Scale Rating ("NSR") to CEMIG GERAÇÃO E TRANSMISSÃO S.A.'s ("CEMIG GT") BRL 1 billion, senior unsecured backed debentures. At the same time, Moody's affirmed the Ba1 and Aa2.br corporate family rating on the global and national scales, respectively. The outlook remains negative on all ratings. The debentures will be issued in up to two series (3 and 5 years), and will be guaranteed by COMPANHIA ENERGÉTICA DE MINAS GERAIS ("CEMIG"), the holding company of the economic group. The proceeds of CEMIG GT's debentures will be used to restore its cash position in light of maturing existing debt.

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