The history of Transgaz rating

Tag No.

Date

The rating for foreign currency loans

The rating for local currency loans

1

2006

The company’s surveillance for rating assignment started.

-

2

March 26, 2007

BB+      positive outlook

BB+      positive outlook

3

February 29, 2008

BBB-   negative outlook

BBB-   negative outlook

4

October 30, 2008

BB+    negative outlook

BBB-   negative outlook

5

February 17, 2010

BB+    negative outlook

BBB-   negative outlook

6

March 24, 2010

BB+        stable outlook

BBB-       stable outlook

7

May 5, 2011

BB+       stable outlook

BBB-       stable outlook

8

December 7, 2011

BB+       stable outlook

BB+        stable outlook

9 June 11, 2012 BB+ / under surveillance 
with a negative outlook
BB+ / under surveillance 
with a negative outlook
10
September 4, 2012

BB    negative outlook

BB   negative outlook

11 August 8, 2014

BB stable outlook

BB stable outlook

12 June 14, 2015 BB+ stable outlook BB+ stable outlook