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Fingrid Oyj (BR96)

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Friday 28 October, 2016

Fingrid Oyj

S&P Global Ratings has raised its long-term corporate credit rating on Fingrid Oyj to 'AA-'

Fingrid Oyj / Miscellaneous
S&P Global Ratings has raised its long-term corporate credit rating on Fingrid Oyj to 'AA-'

28-Oct-2016 / 15:00 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Helsinki, Finland, 2016-10-28 15:00 CEST (GLOBE NEWSWIRE) -- Stock Exchange Release 28 October, 2016 at 16.00 EET

International rating agency S&P Global Ratings (S&P) has on 28 October 2016 raised its corporate credit rating on Fingrid Oyj to 'AA-' from 'A+' based on Improved profits and credit ratios. The outlook is stable. At the same time, S&P affirmed the 'A-1+' short-term corporate credit rating and the 'K-1' Nordic regional scale rating on Fingrid. S&P also raised issue ratings on Fingrid's senior unsecured debt to 'AA-' from 'A+' and local currency short-term issue rating on the company's commercial paper to 'A-1+' from 'A-1'.

Further information:
Jan Montell, Chief Financial Officer, tel. +358 30 395 5213 or +358 40 592 4419

www.fingrid.fi/en
News Source: NASDAQ OMX



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Language: English
Company: Fingrid Oyj
Finland
ISIN: XS0113638653
Category Code: MSC
TIDM: BR96
Sequence Number: 3533
Time of Receipt: 28-Oct-2016 / 14:59 CET/CEST
End of Announcement EQS News Service

515715  28-Oct-2016 

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