London, 16 April 2015 -- Moody's Investors Service (Moody's) has today downgraded the issuer and senior unsecured ratings of Electricite de France (EDF) to A1 from Aa3 and the ratings of its perpetual junior subordinated notes to Baa1 from A3. Concurrently, Moody's has affirmed the group's Prime-1 short-term ratings. Moody's has also downgraded the issuer rating of EDF's wholly owned subsidiary EDF Trading Limited to Baa1 from A3. This concludes the review initiated on 20 March 2015. The outlook on all ratings is negative.
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