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Mass media / Periodicals

S&P raised the ratings of "NOVATEK" to "BBB" from "BBB-" with "stable" forecast

"Oil of Russia" 30.11.2018 at 14:00

International rating Agency S&P raised the long-term credit ratings in foreign and national currencies "NOVATEK" to "BBB" from "BBB-". About it reported in a press release from the Agency.

the rating Outlook is stable.

"the upgrade reflects the strong creditworthiness of the company, enabling it to absorb high investment and an increased dividend. "Stable" forecast reflects our expectations of strong credit ratings of "NOVATEK", – stated the message.

Source: TASS