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Reuters reported Standard & Poor’s Ratings Services affirmed Norilsk Nickel’s (LON:MNOD) ‘BBB-‘ long-term corporate credit rating.
Reuters reported Standard & Poor’s Ratings Services affirmed Norilsk Nickel’s (LON:MNOD) ‘BBB-‘ long-term corporate credit rating.
The market news is quoted as saying,
We think it unlikely that Norilsk will make a new offer to Rusal in the near term and we therefore believe that Norilsk’s robust cash flow and currently low debt should enable the company to retain solid financial metrics.