Fitch Ratings has downgraded Fingrid Oyj 's rating to ‘A’; outlook stable
International credit rating agency Fitch Ratings ( "Fitch ") has downgraded Fingrid Oyj 's Long-Term Issuer Default Rating (IDR) to 'A ' from 'A+ '. Fitch has also revised Fingrid’s Standalone Credit Profile (SCP) to ‘a’ from ‘a+’ and its senior unsecured debt to ‘A+’ from ‘AA-’. Fitch has affirmed the Short-Term IDR at ‘F1’. The outlook on the ratings is stable. The ratings do not incorporate any uplift from state majority ownership.
For more information:
Jussi Pohjanpalo, Chief Financial Officer, tel. +358 30 395 5176
Fitch Downgrades Fingrid Oyj to 'A '; Stable Outlook
Fingrid is Finland’s transmission system operator.We secure reliable electricity for our customers and society, and shape the clean, market-oriented power system of the future.
Fingrid delivers. Responsibly.

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