S&P Global Ratings has improved the TMK rating to the Stable.
The agency has also confirmed the company long-term ratings in foreign and local currency on the level of B+.
“The Stable forecast shows our expectation of the company to continue making efforts to decrease the share of loan funds”, the agency said.
According to the agency, the TMK results have been influences by the stability of the Russian oil and gas industry. (Ukrainian metal)
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