S&P rates EP Infrastructure BBB

S&P said it assigned the BBB long-term issuer credit rating to EP Infrastructure.

The outlook is stable.

The agency also said it assigned a BBB rating to the company's €750 million senior unsecured bonds due 2024.

The ratings are in line with the preliminary ratings assigned in February, S&P said.

The rating reflects the group's issuance of the first tranche of €750 million senior unsecured notes with six-year maturities, the agency said.

S&P said it understands the group is contemplating issuing the second tranche later this year depending on market conditions.

The ratings also consider a view of parent company Energeticky a prumyslovy Holding's somewhat weaker credit quality, the agency added.

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