DTEK Energy

Year 2027
Issue Volume ($m) 1,698
Coupon Rate (% p.a.) 7.00%
Coupon Frequency Q
Maturity date 12/31/2027
Ratings: Fitch/Moody`s/S&P C
Market Price* ($) 52.50
Market YTM* 28.00%
Spread over UST* -
Note: *Based on bid price.
Year 2020 2021 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

Nov 09, 2023

DTEK Energy — Fitch downgrades to RD, re-rates to CC on voluntary Eurobond buyback

Fitch Ratings downgraded its long-term foreign currency issuer default rating (IDR) on DTEK Energy to Restricted Default (RD) from C, reflecting the company’s completion of a Eurobond repurchase ($82m of principal acquired for $50m) on Oct. 30, 2023, which the agency viewed as a distressed debt exchange. Fitch simultaneously upgraded the rating to CC, reflecting DTEK’s post-restructuring profile.
Nov 07, 2023
| Electricity Generation

DTEK Energy — Moody’s affirms at Ca with negative outlook

Moody’s affirmed its corporate family rating (CFR) on DTEK Energy at Ca, keeping the rating outlook negative. The agency said its assessment accounted for a high risk of default and low expected recovery for DTEK Energy creditors in view of low electricity demand in Ukraine and NBU regulations prohibiting cross-border currency payments for debt servicing. The negative rating outlook reflected the risk of potential liquidity shortage and major operational disruptions due to Russian attacks.
Contact us at +38 (044) 490 7120 for more information

or