Polski Koncern Naftowy ORLEN S.A. Credit Rating

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Date	Document Type	Title	Source
11 Dec 2017	Peer Snapshot	Polski Koncern Naftowy ORLEN S.A. - September 2017 (LTM): Peer Snapshot	Moody's Investors Service
11 Oct 2017	Announcement	Moody's: Oil & gas companies MOL and PKN ORLEN are evenly matched overall with different strengths and weaknesses	Moody's Investors Service
11 Oct 2017	Issuer In-Depth	MOL Hungarian Oil and Gas Plc and Polski Koncern Naftowy ORLEN S.A.: Peer comparison - similar business profiles, but with different strengths and weaknesses	Moody's Investors Service
31 Aug 2017	Peer Snapshot	Polski Koncern Naftowy ORLEN S.A. - June 2017 (LTM): Peer Snapshot	Moody's Investors Service
26 May 2017	Peer Snapshot	Polski Koncern Naftowy ORLEN S.A. - March 2017 (LTM): Peer Snapshot	Moody's Investors Service
23 May 2017	Credit Opinion	Polski Koncern Naftowy Orlen S.A.: Update Following Recent Upgrade	Moody's Investors Service
13 Apr 2017	Rating Action	Moody's upgrades PKN ORLEN's rating to Baa2 from Baa3, upgrades the baseline credit assessment to baa3 from ba1, stable outlook	Moody's Investors Service
04 Apr 2017	Peer Snapshot	Polski Koncern Naftowy Orlen S.A. - December 2016 (LTM): Peer Snapshot	Moody's Investors Service
16 Feb 2017	Credit Opinion	Polski Koncern Naftowy ORLEN S.A.: Update to Discussion of Key Credit Factors	Moody's Investors Service
17 Nov 2016	Peer Snapshot	Polski Koncern Naftowy Orlen S.A. - Q3 2016: Peer Snapshot	Moody's Investors Service
18 Aug 2016	Peer Snapshot	Polski Koncern Naftowy Orlen S.A.: Peer Snapshot	Moody's Investors Service
21 Dec 2015	Credit Opinion	Polski Koncern Naftowy Orlen S.A.	Moody's Investors Service
15 Oct 2015	Issuer Comment	Polski Koncern Naftowy Orlen S.A. : Upstream acquisition growth has minimal impact on credit profile	Moody's Investors Service
21 Apr 2015	Announcement	Moody's: Stronger economy, low rates support modest growth in CEE corporate issuance in 2015-16	Moody's Investors Service
20 Jun 2014	Rating Action	Moody's affirms PKN Orlen's Baa3 rating and assigns (P)Baa3 to proposed new bond issuance	Moody's Investors Service
06 Nov 2013	Rating Action	Moody's upgrades PKN ORLEN's Issuer Rating to Baa3 from Ba1; outlook stable	Moody's Investors Service
09 Oct 2012	Announcement	Moody's changes outlook on PKN ORLEN's Ba1 rating to positive	Moody's Investors Service
09 Nov 2010	Announcement	Moody's changes its outlook on PKN Orlen to stable (Issuer Rating: Ba1)	Moody's Investors Service
19 May 2009	Rating Action	Moody's downgrades PKN Orlen to Ba1, Outlook negative.	Moody's Investors Service
20 Jan 2009	Rating Action	Moody's places PKN Orlen's Baa3 ratings under review for downgrade	Moody's Investors Service
27 Jun 2007	Rating Action	Moody's assigns Baa3 to Polski Koncern Naftowy ORLEN Spólka Akcyjna; outlook stable	Moody's Investors Service

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