Moody's rates RWE hybrids Baa3

Moody's Investors Service said it assigned a provisional Baa3 long-term rating to the proposed subordinated hybrid capital securities to be issued by RWE AG. The outlook is stable, in line with that of RWE's Baa1 senior debt rating.

The agency said RWE's Baa1 rating reflects its scale, diversity and leading business positions across the energy value chain in many markets.

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