75NN Tauron Pol 27

TIDM75NN

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 
   Pawe Gaworzyński - 
   Chief IR Officer 
   tel. no. +48 32 774 25 34 
   Miros aw 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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December 21, 2017 11:55 ET (16:55 GMT)

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