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PKN Orlen SAOrlen energy's EUR corporate bonds attractive - Erste Group Research
Given Poland's largest energy concern Orlen's strong credit profile, the company's corporate bonds issued in euro are quite attractive compared to those of other oil and gas companies with ratings of ‘A-’ and ‘BBB-’, analysts at Erste Group Research wrote in a report on February 19.
According to Erste, the group's scale and financial strength allow Orlen to increase investments in energy transformation projects, and its key credit metrics are clearly better than other companies.
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