Elenia Verkko Oyj CreditWatch Negative (7335Q)

TIDM91VA

RNS Number : 7335Q

Elenia Verkko Oyj

29 October 2021

RNS announcement

Elenia Verkko Oyj EUR3,000,000,000 Multicurrency Programme for the Issuance of Bonds, unconditionally and irrevocably guaranteed by Elenia Oy, Elenia Holdings S.à r.l. and Elenia Investments S.à r.l.

S&P Global Ratings ("S&P") has placed Elenia Verkko Oyj's senior secured issue rating on CreditWatch with negative implications effective as of 29 October 2021.

The reason cited by S&P for this change is that the regulatory environment for distribution system operators in Finland has weakened as a result of significant changes to the framework in the middle of the regulatory period.

For further information, please contact

Mr Tommi Valento

Töölönkatu 4

00100 Helsinki

FINLAND

TEL: +358 407 208 951

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October 29, 2021 05:29 ET (09:29 GMT)

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