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12/1/2020 7:14:33 PM

Current Report No. 32/2017

05.07.2017 17:45

Fitch rates Tauron’s Eurobond issue of ‘BBB’

The Management Board of TAURON Polska Energia S.A. (The "Company") announces that on 5 July
2017, Fitch Ratings has assigned the Company EUR500 million 10-year Eurobonds a foreign-currency
senior unsecured rating of ‘BBB’
The rating reflects the Company's leading position in a regulated and stable distribution segment
generating a significant portion of TAURON Group’s EBITDA (72 per cent in 2016).
The full list of ratings includes:
--Long-Term Foreign and Local Currency at 'BBB'; Outlook Stable;
--Short-Term Foreign and Local Currency at 'F3';
--Hybrid bonds at 'BB+'.
--National Long-Term Rating at 'A+(pol)'; Outlook Stable;
--National senior unsecured rating at 'A+(pol)'.
--Foreign currency senior unsecured rating of 'BBB' to Eurobonds.

Legal basis: Art. 17.1 of MAR – inside information.

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