Sao Paulo, April 28, 2014 -- Moody's America Latina Ltda (Moody's) upgraded Companhia de Energia Eletrica do Estado de Tocantins S.A. (Celtins)' corporate family ratings to B2 from Caa3 on the global scale and to Ba2.br from Caa3.br on the Brazilian national scale. At the same time, Moody´s changed the outlook to positive from negative for all Celtins' ratings.

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