Mexico, November 14, 2014 -- Moody's de México upgraded the issuer ratings of the Sistema Operador de los Servicios de Agua Potable y Alcantarillado del Municipio de Puebla (SOAPAP) to A2.mx (Mexican National Scale) and Ba2 (Global Scale, local currency) from Ba2.mx and B2, respectively. The outlook remains stable.

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