Telekom Slovenije

Capital/Financing Update • Feb 11, 2019

Category: Inside information

Published on: SEOnet

Published at:  07.02.2019 16:59

Published document ID: INI-54/19

INI-56/19

TELEKOM SLOVENIJE, d.d., Ljubljana

S&P Upholds BB+ Credit Rating for Telekom Slovenije, d. d.

Pursuant to paragraph 1 of Article 17 of the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC, Article 136 of the Financial Instruments Market Act, Rules of the Ljubljana Stock Exchange and the valid legislation, Telekom Slovenije, d.d., Cigaletova 15, Ljubljana, hereby publishes the following notification:

The Standard & Poor’s Global Ratings agency upheld the existing BB+ rating for Telekom Slovenije, d.d., on 7 February 2019, placing it on credit watch negative. The agency based the negative outlook on the planned increase in investments, coupled with the fact that the company operates in a highly competitive market. 

This notification will also be available on the company’s website (www.telekom.si) for a period of at least 5 years.

Management Board of Telekom Slovenije, d.d.

Date: 11.02.2019