Outstanding Bonds

Two issues by EUR 315 million each were registered by Západoslovenská energetika, a.s. on Irish Stock Exchange 14th October 2013.

Note with 5 year tenor is due 14th October 2018 and pays an annual coupon of 2.875% in arrear. Note with 10 year tenor is due 14th October 2023 and pays an annual coupon of 4.000% in arrear.

Issuer Guarrantor Currency Volume (in million) Tenor Issue date Maturity date Coupon Listing ISIN number Base Prospectus
Západoslovenská energetika, a.s. - Euro 315 5 14.10.2013 14.10.2018 2.875% Irish SE XS0979598207 Link to Prospectus
Západoslovenská energetika, a.s. - Euro 315 10 14.10.2013 14.10.2023 4.000% Irish SE XS0979598462 Link to Prospectus


Rating Overview

Standard & Poor´s Rating

On 18th October 2016, Standard & Poor´s Rating Services confirmed “A-“ Corporate Credit Rating of Západoslovenská energetika, a.s. (ZSE) with stable outlook.

On 21st September 2015, Standard & Poor´s Rating Services confirmed “A-“ Corporate Credit Rating of Západoslovenská energetika, a.s. (ZSE) with stable outlook.

On 4th August 2015, Standard & Poor's Ratings Services (S&P) raised its long-term corporate credit rating on electricity distribution and supply company Zapadoslovenska energetika a.s. (ZSE). The outlook is stable.

At the same time, S&P raised its issue rating on ZSE's senior unsecured debt to 'A-' from 'BBB+'.

On 13th October 2014, Standard & Poor's Rating Services (S&P) have confirmed ZSE´s BBB+ credit rating and revised their rating outlook on Západoslovenská energetika, a. s. (ZSE) from stable to positive.

On 7th August 2014, Standard & Poor's Rating Services (S&P) have revised their rating outlook on Západoslovenská energetika, a. s. (ZSE) from stable to positive and confirmed ZSE's BBB+ credit rating. The decision is based on the raise of their rating outlook on Slovakia, provided as to 1st August 2014. S&P decided to raise their outlook mainly due to the positive assessment of the consolidation of public funds.

Standard & Poor's assigned BBB+ rating to Západoslovenská energetika, a.s. with stable outlook 25th September 2013. Agency justified the rating as well as the outlook assigned by the expectation of the stable profits of ZSE from electricity distribution and high probability of timely and sufficient financial support from the Slovak government.

 



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