Elite Club of Corporate Behaviour
Today: 07 February 2012

site map | ru | fra
Corporate management, the corporate code
homesearchmail
Home / activity / Seminars under the labour code

Standard & Poor’s confirms investment grade 'BBB-' rating on Norilsk Nickel and changes outlook from Negative to Stable

28.07.2010

OJSC MMC Norilsk Nickel (hereinafter – Norilsk Nickel or the Company) is pleased to announce that on July 27 international rating agency Standard & Poor’s (hereinafter – S&P) confirmed the Company’s investment grade credit rating at the level of 'BBB-' .The Outlook changed from negative to stable.

According to S&P the Outlook change reflects the Company's healthy credit metrics and improved liquidity. The Agency noticed that Norilsk Nickel's low cost base and additional efforts in cost cutting and in curtailing capital expenditures helped mitigate the impact of the downturn on 2009 credit metrics. S&P expects the Company’s free operating cash flow to stay positive in 2010 and 2011.

www.metalinfo.ru

Search by site
February 2012
1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29
| coordinate | Publications | activity | history | members | charter | reception | accreditation |
© 2007 NP Elite Club of Corporate Behaviour
All rights reserved. At full or partial
using the reference to "www.elitclub.ru" is required.