Moody’s has increased Metinvest B.V. rating to B3 with stable outlook.
According to the experts, the company rating reflects its integrated business model. In H1 2018 Metinvest provided itself with 287% of iron ore, 145% of coke and 38% of coking coal.
The agency has also taken into account the debt refinancing of $2.271 billion in April 2018.
70-75% of revenue is generated on international markets. (Ukrainian metal)