Affirmation of all EP Infrastructure’s credit ratings with stable outlook

3. 6. 2021

EP Infrastructure (“EPIF”) is pleased to announce that all three credit ratings have been recently affirmed with a stable outlook, i.e. BBB with S&P Global Ratings Europe Limited, Baa3 with Moody’s Deutschland GmbH and BBB- with Fitch Ratings Ireland Limited.

In response to the issued ratings, Václav Paleček, Finance Director of EPIF stated that “affirmed credit ratings confirm EPIF’s resilience which was once again proved in 2020 when EPIF navigated through an unprecedented pandemic without any major interruptions and material impacts on financial results. The robustness is underpinned by a diversified Group structure of regulated or long term contracted assets and extremely high ability to convert operating profit to cash”.


EP Infrastructure, a.s. is an issuer of the following notes:

€750,000,000 1.659% Senior Notes due 2024, ISIN: XS1811024543
€600,000,000 1.698% Senior Notes due 2026, ISIN: XS2034622048
€500,000,000 2.045% Senior Notes due 2028, ISIN: XS2062490649

€500,000,000 1.816% Senior Notes due 2031, ISIN: XS2304675791

For further inquiries, please contact:

Václav Paleček
Investor Relations
EP Infrastructure, a.s.
Pařížská 130/26, 110 00 Praha 1
T: +420 232 005 200
F: +420 232 005 400
palecek@epinfrastructure.cz

 

About EP Infrastructure (“EPIF”)

The EPIF Group is a European energy infrastructure utility focused on gas transmission, gas and power distribution, heat and power generation and gas storage. With principal operations in the Slovak Republic and the Czech Republic, the EPIF Group is a unique European entity with a large and diversified portfolio of strategically important infrastructure assets. Measured by EBITDA, the EPIF Group believes it is among the five largest industrial groups based in the Czech Republic.

The EPIF Group highlights

  • The EPIF Group holds approximately a 49 per cent. stake in, and has management control over, Eustream. The transmission network of Eustream is part of the Central Corridor which is the largest and the most important piped gas corridor for deliveries of Russian gas to Western, Central and Southern Europe.
  • The EPIF Group is an important gas and electricity distributor in the Slovak Republic and is a major distributor of heat to final consumers in the Czech Republic.
  • The EPIF Group holds the largest gas storage capacity in the region of Slovakia, Czech Republic and Austria.

Cautionary Statement

This press release is for information purposes only and does not constitute a prospectus or any offer to sell or the solicitation of an offer to buy any security in the United States of America or in any other jurisdiction. No securities have been registered under the U.S. Securities Act of 1933, as amended (the “Act”), and no securities may be offered or sold in the United States or to a U.S. person absent registration or an applicable exemption from the registration requirements under the Act.