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Statement re Tauron's ratings

21st Dec 2017 16:55

RNS Number : 1397A
Tauron Polska Energia S.A.
21 December 2017
 

21 December 2017

LEI No: 259400NAPDFBOTNCRL54

 

TAURON ratings and outlooks affirmed; rating assigned to the hybrid bonds program

Management Board of TAURON Polska Energia S.A. would like to inform that on December 21, 2017 Fitch rating agency ("Fitch") affirmed long-term foreign and local currency IDRs of TAURON Polska Energia S.A. at 'BBB' with a stable outlook and assigned local currency subordinated rating of 'BB+' and national subordinated rating of 'BBB+(pol) to the PLN400 million hybrid bonds program.

Full list of rating actions includes:

- long-term foreign and local currency IDRs affirmed at 'BBB'; stable outlook,

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

- existing hybrid bonds affirmed at 'BB+',

- national long-term rating affirmed at 'A+(pol)'; stable outlook,

- national senior unsecured rating affirmed at 'A+(pol)',

- foreign currency senior unsecured rating of Eurobonds affirmed at 'BBB',

- ratings assigned to PLN400 million hybrid bonds program: local currency subordinated rating of 'BB+' and national subordinated rating of 'BBB+(pol).

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

 

Classification of regulated information:

 Article 17 of MAR - inside information

 

Enquiries to:

 

TAURON Polska Energia S.A.

3 Ks. Piotra Sciegiennego Street 

40-114 Katowice

Marcin Lauer - Head of IR

tel. no. +48 32 774 27 06

Paweł Gaworzyński - Chief IR Officer

tel. no. +48 32 774 25 34

Mirosław Szczygielski - IR Officer

tel. no. +48 516 112 858

Katarzyna Heinz - IR Officer

tel. no. +48 32 774 25 38

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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