Moody's may up Enersis, Endesa

Moody's Investors Service said it placed the debt ratings of Enersis SA and Endesa Chile SA under review for possible upgrade. Moody's also placed the debt ratings of Endesa-Chile Overseas Co. under review for possible upgrade.

Endesa-Chile Overseas is a subsidiary whose ratings are based upon the guarantee of Endesa Chile SA.

On review are Enersis' Ba2 rated $300 million 7 3/8% senior global notes due 2014, $150 million 6.6% senior global notes due 2026, $300 million 6.9% senior notes due 2006 and $350 million 7.4% senior notes due 2016, Endesa Chile SA's Ba2 rated $400 million 8.35% global notes due 2013, $200 million 8 5/8% global notes due 2015, $200 million 8 1/8% bonds due 2097, $220 million 7 3/8% bonds due 2037, $230 million 7 7/8% bonds due 2027, $400 million 8½% global bonds due 2009 and $400 million 7¾% notes due 2008 and Endesa Chile Overseas' $1.3 billion guaranteed euro medium-term note program and $150 million guaranteed senior notes due 2006.

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