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.