Elenia Verkko Oyj CreditWatch Negative (2760Z)

TIDM91VA

RNS Number : 2760Z

Elenia Verkko Oyj

10 January 2024

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 VerkkoOyj's senior secured BBB issue rating on CreditWatch with negative implications effective as of 10 January 2024.

The reason cited by S&P is that the regulatory methods for the next two regulatory periods (2024-2027 and 2028-2031) published on 29 December 2023 could have a significant impact on distribution system operators in Finland.

For further information, please contact

Mr Tommi Valento

Töölönkatu 4

00100 Helsinki

FINLAND

TEL: [phone]

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January 10, 2024 07:01 ET (12:01 GMT)