June 15, 2020 - Fitch Ratings international rating agency affirmed ALROSA’s long-term BBB- investment grade credit rating with a “stable” outlook.
Fitch Ratings confirmed its view on ALROSA’s financial position with a stable outlook. The agency highlights management’s proactive efforts amid COVID-19 pandemic impact in 2020 to maintain sustainable financial position and leadership in the global market.
In spring 2019, the agency upgraded ALROSA’s IDR from BB+ to BBB- on improved financial flexibility and corporate governance practices.
On June 9, S&P Global Rating announced the confirmation of the company’s BBB- investment grade rating with a “Stable” outlook.