Tag: BEH

Moody’s assigned definitive Ba1 rating to BEH – Bulgaria, 1 August 2016

Rating company Moody’s has assigned a definitive Ba1 corporate family rating (CFR) with stable outlook and a probability of a default rating (PDR) of Ba1-PD to Bulgarian Energy Holding (BEH). Moody’s also assigned a definitive Ba2 rating to BEH’s recent placement of 550 million euros worth five-year senior unsecured bonds, which bear an annual coupon […]

BEH placed 550 million euros worth bond on Irish Stock Exchange – Bulgaria, 27 July 2016

State-owned Bulgarian Energy Holding (BEH) announced that it has placed 550 million euros bond issue on the Irish Stock Exchange. Recently, the bond issue drew strong interest among investors and was heavily oversubscribed with offers of over 2 billion euros. BEH stated that the company will pay annual interest of 4.875 %. However, the company […]

Moody’s reaffirmed BEH’s rating – Bulgaria, 20 July 2016

Rating company Moody’s has assigned a provisional (P)Ba2 senior unsecured rating to proposed bond issuance of the Bulgarian Energy Holding (BEH). Moody’s normally issues provisional ratings in advance of the final sale of securities to express its preliminary credit opinion regarding to the transaction only, with a definitive rating possibly differing from a provisional one. […]