Fitch Ratings affirmed rating of PKN ORLEN and assigned provisional rating to planned eurobond issuance
No. 132/ 2016  | 25-05-2016
Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN"), informs that, on 25 May 2016 Fitch Ratings (“Fitch”, “Agency”) affirmed the BBB- with stable perspective rating of PKN ORLEN and assigned a provisional BBB- rating to the eurobonds in connection with the planned issuance by ORLEN Capital AB that will be guaranteed by PKN ORLEN. The issuance is planned to be conducted by the end of the second quarter 2016.

PKN ORLEN holds 100% of shares in Orlen Capital AB.

See also regulatory announcement no 119/2016 dated 16 May 2016.​

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