LONDON, UK: PJSC Polyus notes that Fitch Ratings has upgraded the Company’s Long-term Issuer Default Rating to ‘BB+’ from ‘BB’, with stable outlook. The new rating reflects the Company’s strong business profile and credit metrics, achieved as a result of pro-active debt management with a total of USD 1.1 billion repaid since the end of…
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S&P Global Ratings upgrades PJSC Polyus with stable outlook
LONDON: PJSC Polyus notes that S&P Global Ratings (“S&P”) has upgraded the Company’s long-term issuer credit and issue ratings to ‘BB+’ with a stable outlook from ‘BB’/positive. In assigning Polyus a ‘BB+’ Rating, S&P highlighted the Company’s conservative financial and dividend policy, which Polyus has been strictly following over the previous years. The upgrade also…