Currency converter
News Search Topics
Use filter
You can filter your feed,
by choosing only interesting

Fitch improves Russian steelmaker MMK outlook to positive, affirms BB+ rating

May 23, 2016, 16:13 UTC+3
1 pages in this article

MOSCOW, May 23. /TASS/. Fitch Ratings revised the outlook on the Long-term Issuer Default Rating (IDR) of the Russian steelmaker MMK to positive and confirmed the BB+ rating, the international rating agency said on Monday.

The positive outlook reflects MMK's strong financial performance, which has largely been in line with Fitch's expectations, the rating agency said.

The short-term issuer default rating is confirmed at ‘B’ level, the rating agency said.

Show more
In other media