The rating agency Fitch decided to withdraw its unsolicited ratings on DONG Energy’s debt instruments on 29 May 2012. DONG Energy has today decided to temporarily prolong the ratings from Fitch. The Fitch ratings on issued debt instruments will be withdrawn on 30 November 2012.
DONG Energy A/S has a ‘BBB+’ rating with stable outlook from Fitch. The senior unsecured bonds issued by DONG Energy A/S are rated ‘BBB+’ and the hybrid securities issued by DONG Energy A/S are rated ‘BBB-‘. All with stable outlook.
DONG Energy will continue to be rated by Standard & Poor’s and Moody’s.
The information provided in this announcement does not change DONG Energy's previous financial guidance for the 2012 financial year or the announced expected investment level.
For further information, contact:
+45 9955 9330
Morten Hultberg Buchgreitz
+45 9955 9750
DONG Energy is one of the leading energy groups in Northern Europe. We are headquartered in Denmark. Our business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe. We have approximately 6,400 employees and generated DKK 57 billion (EUR 7.6 billion) in revenue in 2011. For further information, see www.dongenergy.com