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Affirmation of the ratings granted by Fitch

13th Oct 2022 08:39

RNS Number : 7143C
Tauron Polska Energia S.A.
13 October 2022
 

Statement re TAURON's ratings

13 October 2022

 

 

TAURON Polska Energia S.A.

LEI No: 259400NAPDFBOTNCRL54

 

 

Affirmation of the ratings granted by Fitch Ratings agency

 

TAURON Polska Energia S.A. ("Issuer") informs that on October 12, 2022, Fitch Ratings agency ("Fitch") affirmed Company's long-term foreign and local currency ratings at "BBB-" with stable outlook.

 

The full list of rating actions includes:

 

- long-term local and foreign currency IDRs (Issuer Default Ratings) affirmed at "BBB-", stable outlook,

- short-term local and foreign currency IDRs affirmed at "F3",

- national long-term rating affirmed at "A(pol)", stable outlook,

- EUR 500 million Eurobonds foreign currency senior unsecured unsubordinated rating affirmed at "BBB-",

- EUR 190 million hybrid bonds (European Investment Bank - "EIB") rating affirmed at "BB",

- PLN 750 million hybrid bonds (EIB) rating affirmed at "BB",

- PLN 400 million hybrid bond program and hybrid bond issue (Bank Gospodarstwa Krajowego S.A.) rating affirmed at "BB", while the national rating of the same program and bonds affirmed at "BBB(pol)".

 

Fitch report is available on the website: www.fitchratings.com 

 

 

Legal basis:

Art. 17, section 1 of the MAR Regulation - inside information.

 

 

 

Enquiries to:

TAURON Polska Energia S.A.

ul. ks. Piotra Ściegiennego 3

40-114 Katowice, Poland

 

Paweł Gaworzyński - Head of IR

Phone: +48 32 774 25 34

Maciej Szmigel - Chief IR Officer

Phone: +48 798 897 385

Katarzyna Heinz - IR Officer

Phone: +48 32 774 25 38

 

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