RCS - PJSC Inter RAO UES - Fitch Ratings has confirmed InterRAO credit rating

INTER RAO Lietuva ABAnnouncement

17/12/2021 14:30

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RNS Number : 0778W  PJSC Inter RAO UES  17 December 2021

Fitch Ratings has confirmed Inter RAO credit rating

Moscow, December 17, 2021 - Public Joint Stock Company "Inter RAO UES"
("Inter RAO", "Company", ticker on MOEX: IRAO), the largest diversified
utilities holding in Russia, announces that on December 16, 2021 independent
rating agency Fitch Ratings (Fitch Ratings CIS Ltd.) has confirmed corporate
credit rating of PJSC "Inter RAO" at 'BBB' on the International Credit Rating
Scale with the "stable" outlook.

Previously on March 15, 2021 independent rating agency Fitch Ratings (Fitch
Ratings CIS Ltd.) has confirmed a corporate credit rating of PJSC "Inter RAO"
at 'BBB' on the International Credit Rating Scale with the "stable" outlook.

Оn March 19, 2020 independent rating agency Fitch Ratings (Fitch Ratings CIS
Ltd.) has confirmed a corporate credit rating of PJSC "Inter RAO" at 'BBB' on
the International Credit Rating Scale with the "stable" outlook.

On August 15, 2019 independent rating agency Fitch Ratings (Fitch Ratings CIS
Ltd.) has upgraded corporate credit rating of PJSC "Inter RAO" from 'BBB-' to
'BBB' on the International Credit Rating Scale and has changed outlook from
the "positive" to "stable".

On August 06, 2018 independent rating agency Fitch Ratings (Fitch Ratings CIS
Ltd.) has confirmed a corporate credit rating of PJSC "Inter RAO" at 'BBB-' on
the International Credit Rating Scale with the "stable" outlook.

On February 06, 2017 Fitch Ratings (Fitch Ratings CIS Ltd.) had withdrawn
corporate National Scale Rating assigned to Inter RAO on October 20, 2016. The
decision to withdraw national ratings followed a new credit rating industry
regulation that had resulted in Fitch Ratings' Russian National Scale Ratings
not useable for regulatory purposes.

On October 20, 2016 Fitch Ratings affirmed a corporate credit rating of PJSC
"Inter RAO" at 'BBB-' on the International Credit Rating Scale and changed the
outlook from "negative" to "stable". Also Fitch Ratings affirmed Inter RAO a
National Long-term rating at "AA+(rus)" on the National Credit Rating Scale
with a stable outlook.

On June 09, 2016 Fitch Ratings affirmed the previously assigned (on
06/11/2015) corporate credit rating of PJSC "Inter RAO" at 'BBB-' on the
International Credit Rating Scale with a negative outlook  and affirmed the
corporate credit rating at "AA+(rus)" on the National Credit Rating Scale with
a stable outlook.

On March 14, 2013 and on March 20, 2014 rating agency Fitch Ratings affirmed
the previously assigned (on 03/15/2012) corporate credit rating of PJSC "Inter
RAO" at 'BB+' on the International Credit Rating Scale and National Long-term
rating at "AA (rus)" on the National Credit Rating Scale with stable outlook.

The foregoing information is disclosed in compliance with the Securities Act
of the Russian Federation.

For further information, please contact Inter RAO:

 

Larisa Sadovnikova               Head of Investor
Relations    +7 495 664-88-40 (ext. 2068)

sadovnikova_lv@interrao.ru (mailto:sadovnikova_lv@interrao.ru)

Nikolay Gorelov                    Press
Secretary                       +7 495 664-88-40 (ext.
2010)

gorelov_nv@interrao.ru (mailto:gorelov_nv@interrao.ru)

Svetlana Sidelnikova             Head of Corporate Relations and
Antitrust Compliance

 +7 495 664-88-40
(ext.2081)                                               chuchaeva_sy@interrao.ru
(mailto:chuchaeva_sy@interrao.ru)

Svetlana Ivanichkina              Financial Director
             +7 495 664-88-40 (ext.2302)

 
  ivanichkina_sv@interrao.ru (mailto:ivanichkina_sv@interrao.ru)

 

 Inter RAO is a diversified energy holding, serving various segments of
Russian and international electric power industry. The Group is the leading
exporter and importer of electricity in Russia, actively increasing
electricity generation and sales, and developing new lines of business. Inter
RAO Group owns and operates approximately 31.1 GW of installed power
generation capacity. Its share of Russian retail electricity and capacity
market is over 18%.

 

For further information see www.interrao.ru (http://www.interrao.ru/)

 

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