REG - Tauron Polska - Affirmation of the ratings granted by Fitch
RNS Number : 4454PTauron Polska Energia S.A.18 October 2021Statement re TAURON's ratings
18 October 2021
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 18, 2021, 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
Marcin Lauer - Head of IR
Phone: +48 32 774 27 06
Paweł Gaworzyński - Chief IR Officer
Phone: +48 32 774 25 34
Mirosław Szczygielski - Chief IR Officer
Phone: +48 32 774 25 38
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