EP Infrastructure’s current credit ratings have all been affirmed with stable outlook
22. 5. 2020
EP Infrastructure (“EPIF”) is pleased to announce that all three credit ratings have been recently affirmed with a stable outlook, i.e. BBB with S&P Global Ratings, Baa3 with Moody’s Investors Service and BBB- with Fitch Ratings.
As a response to the affirmed ratings, Gary Mazzotti, vice chairman of the board of directors of EPIF stated that “especially in the current dreary economic environment, affirmed credit ratings confirm EPIF’s credit story being resilient and solid which is primarily underpinned by a diversified Group structure of regulated or long term contracted assets and extremely high ability to convert operating profit to cash“.
EP Infrastructure, a.s. is an issuer of the following notes:
€750,000,000 1.659% Senior Notes due 2024, ISIN: XS1811024543
€600,000,000 1.698% Senior Notes due 2026, ISIN: XS2034622048
€500,000,000 2.045% Senior Notes due 2028, ISIN: XS2062490649
For further inquiries, please contact:
Filip Bělák
Investor Relations
EP Infrastructure, a.s.
Pařížská 130/26, 110 00 Praha 1
T: +420 232 005 200
F: +420 232 005 400
belak@epinfrastructure.cz
About EP Infrastructure (“EPIF”)
The EPIF Group is a European energy infrastructure utility focused on gas transmission, gas and power distribution, heat and power generation and gas storage. With principal operations in the Slovak Republic and the Czech Republic, the EPIF Group is a unique European entity with a large and diversified portfolio of strategically important infrastructure assets. Measured by EBITDA, the EPIF Group believes it is among the five largest industrial groups based in the Czech Republic.
The EPIF Group highlights
- The EPIF Group holds approximately a 49 per cent. stake in, and has management control over, Eustream. The transmission network of Eustream is part of the Central Corridor which is the largest and the most important piped gas corridor for deliveries of Russian gas to Western, Central and Southern Europe.
- The EPIF Group is an important gas and electricity distributor in the Slovak Republic and is the leading distributor of heat to final consumers in the Czech Republic.
- The EPIF Group holds the largest gas storage capacity in the region of Slovakia, Czech Republic and Austria.
Cautionary Statement
This press release is for information purposes only and does not constitute a prospectus or any offer to sell or the solicitation of an offer to buy any security in the United States of America or in any other jurisdiction. No securities have been registered under the U.S. Securities Act of 1933, as amended (the “Act”), and no securities may be offered or sold in the United States or to a U.S. person absent registration or an applicable exemption from the registration requirements under the Act.