DTEK Energy

Year 2027
Issue Volume ($m) 1,698
Coupon Rate (% p.a.) 7.50%
Coupon Frequency Q
Maturity date 12/31/2027
Ratings: Fitch/Moody`s/S&P C
Market Price* ($) 31.00
Market YTM* 39.90%
Spread over UST* -
Note: *Based on bid price.
Year 2020 2021E 2022E
Net Sales ($m) 865 *** ***
EBITDA ($m) 273 *** ***
Net Income ($m) (708) *** ***
EBIT Coverage Ratio (x) (17.47) *** ***
Net Debt/Equity (%) (334.4%) *** ***

Latest news about DTEK Energy

Mar 23, 2023
| Electricity Generation

DTEK Energy — Fitch downgrades from CC to C on voluntary Eurobond buyback

Fitch Ratings downgraded its long-term foreign currency issuer default rating (IDR) on DTEK Energy to C from CC following the company’s latest voluntary bond buyback announcement, which the agency viewed as a distressed debt exchange. The agency expects to further cut the rating to Restricted Default upon completion of the tender offer and immediately re-rate it back to CC in reflection of DTEK’s post-restructuring profile.
Mar 21, 2023
| Electricity Generation

DTEK Holdings — Raises maximum acceptance amount for tender offer by $50m to $80m

DTEK Holdings Limited increased the maximum acceptance amount for its cash tender offer to $80m from $30m and extended the expiration deadline by three days, to Mar. 23, 2023.
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