Fitch Ratings has improved Metalloinvest ratings to BB+ with stable outlook from BB positive.
The move reflects the strong operational profile of the company with the strategic focus on high-added value products, competitive position, considerable liquidity, and increase of financial indexes, as well as takes into account of the company progress in improving corporate management.
At the same time Fitch has improved the ratings of Metalloinvest Finance D.A.C. eurobonds from BB to BB+. (Ukrainian metal)