New York, December 02, 2013 -- Moody's Investors Service affirmed Empresa Nacional del Petróleo's (ENAP) Baa3 foreign currency rating and changed the rating outlook to stable from negative. At the same time, Moody's assigned a Baa3 rating to ENAP's CHF 215 million five-year senior unsecured notes due 2018. Proceeds from ENAP's Swiss franc issuance will be used to repay debt maturities.

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