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