Standard&Poor’s confirms credit rating of Polyus
Edited by Rhod Mackenzie / 2015-02-06 01:42:18
Standard&Poor’s confirms Polyus Gold Int’s (incl. OJSC Polyus Gold) long-term issuer credit rating “BB+”.
The outlook has been changed from “stable” to “negative” after recent reduction of Russia’ rating from “BBB-“ with negative outlook to “BB+” with negative outlook. Polyus states it is confirmation of the financial stability of the company within the context of the current macroeconomic situation in Russia.