S&P Global Ratings has raised its long-term corporate credit rating on Fingrid Oyj to 'AA-'
International rating agency S&P Global Ratings (S&P) has on 28 October 2016 raised its corporate credit rating on Fingrid Oyj to 'AA-' from 'A+' based on Improved profits and credit ratios. The outlook is stable. At the same time, S&P affirmed the 'A-1+' short-term corporate credit rating and the 'K-1' Nordic regional scale rating on Fingrid. S&P also raised issue ratings on Fingrid's senior unsecured debt to 'AA-' from 'A+' and local currency short-term issue rating on the company's commercial paper to 'A-1+' from 'A-1'. Further information:
Jan Montell, Chief Financial Officer, tel. +358 30 395 5213
or +358 40 592 4419