TIDM75NN

RNS Number : 4454P

Tauron Polska Energia S.A.

18 October 2021

Statement 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 ciegiennego 3 
  40-114 Katowice, Poland 
 
  Marcin Lauer - Head of IR 
  Phone: +48 32 774 27 06 
  Pawe Gaworzyński - Chief 
  IR Officer 
  Phone: +48 32 774 25 34 
  Miros aw Szczygielski - Chief 
  IR Officer 
  Phone: +48 32 774 25 38

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October 18, 2021 13:21 ET (17:21 GMT)

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