Credit Rating of GEK TERNA S.A.

GEK TERNA S.A.  hereby announces that, according to the contractual obligations, of the two Corporate Bond Loan Programs (€120.000.000 and €500.000.000) of the company “GEK TERNA HOLDING REAL ESTATE CONSTRUCTION S.A.”, the creditworthiness of the Company has been reevaluated by ICAP Group S.A. as stable at the 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.


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