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Fitch affirms Gas Natural SDG SA at BBB+; stable outlook-Reuters


Friday, 10 Jan 2014 09:13am EST 

Gas Natural SDG SA:Fitch Ratings has affirmed the company's long-term Issuer Default Rating (IDR) at BBB+ and removed it from Rating Watch Negative (RWN)-Reuters.The outlook is stable.The rating actions reflect Fitch's projection of positive free cash flow in 2014-2015, and its expectations that the company will continue to reduce leverage as per its updated strategic plan and maintain credit ratios commensurate with the 'BBB+' rating.