London, 21 June 2013 -- Moody's Investors Service has today downgraded to Baa1 and (P)Baa1 from A3 and (P)A3 the senior unsecured ratings of RWE AG ('RWE' or 'the Group') and RWE Finance BV, its guaranteed subsidiary. In addition, Moody's has downgraded to Baa3 from Baa2 RWE's subordinated debt rating. The Prime-2 and (P)Prime-2 short term ratings of RWE and RWE Finance BV were affirmed.
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