29.04.2016, 12:27
Moody's Confirms SUEK's Rating at Ba3 with Stable Outlook
OREANDA-NEWS. SUEK announces that on 27 April 2016 Moody's Investors Service confirmed the Ba3 rating of SUEK with a stable outlook.
The international credit rating agency assessed positively SUEK's ability to control operating costs via increase in efficiency and effectiveness of operations, substantial coal reserves and favourable geological conditions of deposits, control over a considerable portion of the transportation infrastructure including port facilities and well-diversified Russian and international customer base.
Moodys' also noted the company's positive free cash flow and adequate liquidity.
The international credit rating agency assessed positively SUEK's ability to control operating costs via increase in efficiency and effectiveness of operations, substantial coal reserves and favourable geological conditions of deposits, control over a considerable portion of the transportation infrastructure including port facilities and well-diversified Russian and international customer base.
Moodys' also noted the company's positive free cash flow and adequate liquidity.
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