GEK TERNA S.A.
Credit Rating of GEK TERNA S.A.
GEK TERNA S.A. hereby announces that, according to the contractual obligations, of the 21.03.2018 Corporate Bond Loan Program amounting to € 120.000.000, the creditworthiness of the Company has been reevaluated by ICAP Group S.A. and upgraded from level BB to level A.
The Α-rating indicates very low credit risk and it is assigned to companies that are able to honor their obligations even under severe distressed conditions and therefore their credit worthiness is expected to continue to be high. Companies rated with Α are characterized by very strong financials, strong business growth and important market position.