18.05.2016 15:36:00

DTEK ENERGY B.V. -- Moody's downgrades DTEK's PDR to D-PD following the default on its $750m notes

London, 18 May 2016 -- Moody's Investor Service (Moody's) has today downgraded the probability of default rating of DTEK ENERGY B.V (DTEK) to D-PD from Ca-PD. At the same time, Moody's affirmed DTEK's corporate family rating (CFR) Ca rating and also the Ca rating of DTEK Finance Plc's$750 million 7.875% notes due 4 April 2018 with a loss given default (LGD) assessment of LGD4/50%. The outlook on all ratings remains negative.

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