Restored equity content of Vattenfall’s hybrid capital

Rating agency Standard & Poor’s (S&P) on Friday announced that the equity content on Vattenfall’s outstanding hybrid bonds has been restored to “intermediate” (50%) from “minimal” (0%).

Following Vattenfall’s announcement on 10 November 2015 that the company by legally binding deeds has waived a certain call option appearing in the hybrid’s documentation, S&P has revised its assessment of Vattenfall’s hybrid equity content to "intermediate" from "minimal" on its outstanding hybrid capital.

For more information: press releases dated 27 October and 10 November 2015.

http://corporate.vattenfall.com/press-and-media/press-releases/2015/changed-equity-content-of-vattenfalls-hybrid-capital/

http://corporate.vattenfall.com/press-and-media/press-releases/2015/deeds-of-undertaking-in-relation-to-outstanding-hybrid-capital/
  

Vattenfall discloses this information pursuant to the Swedish Securities Market Act.

 
For further information, please contact:
Johan Gyllenhoff, Group Treasurer, +46 (0)8 739 6513, johan.gyllenhoff@vattenfall.com
Klaus Aurich, Head of Investor relations, +46 (0)8 739 6514, klaus.aurich@vattenfall.com
   

From Vattenfall's Press Office, telephone: +46 8 739 50 10, press@vattenfall.com.

   
Vattenfall is a Swedish owned energy company with operations in Sweden, Germany, the Netherlands, Denmark, UK and Finland. Vattenfall’s vision s to create a strong and diversified European energy portfolio and to be among the leaders in developing an environmentally sustainable energy system.

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Vattenfall’s vision is to be a leading European energy company. Vattenfall’s main products are electricity and heat. Today, Vattenfall generates electricity, produces heat and supplies energy to several million customers in the Nordic countries and northern Europe. The major customers are industrial plants, energy companies, municipalities, property companies and housing associations. For further information, please see www.vattenfall.com. The media service section, including a picture archive and Vattenfall’s press releases, can be found under News & Comments.

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