Helsinki, Finland, 2016-02-01 15:15 CET (GLOBE NEWSWIRE) --
Fingrid Oyj
Stock Exchange Release 1 February 2016 at 16.15 EET
Fingrid's operational model is based on a significant use of outsourced service providers, which are reviewed and tendered regularly in order to achieve and maintain operational and cost efficiencies. Fingrid has now finalised a competitive tender among its rating service providers.
As the outcome of the tender Fingrid continues rating service agreements with Standard & Poor's Ratings Services and Fitch Ratings and terminates its rating service agreement with Moody's Investors Service. The termination is effective as of today.
For more information:
Chief Financial Officer Jan Montell, +358 30 395 5213
