Sao Paulo, April 28, 2014 -- Moody's America Latina Ltda (Moody's) upgraded Centrais Eletricas Matogrossenses S.A. (Cemat)'s corporate family ratings to B2 from Ca on the global scale and to Ba2.br from Ca.br on the Brazilian national scale. At the same time, Moody´s changed the outlook to positive from negative for all Cemat's ratings.

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