24.11.2021
printable version
RSS

S&P upgraded stand-alone RusHydro’s credit ratings to investment grade

November 24, Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that S&P Global Ratings has upgraded its stand-alone RusHydro’s credit rating to investment grade level and confirmed long-term credit rating at sovereign investment grade level “BBB-”.


Taking into account the level of government support, RusHydro’s long-term credit rating as well as its Eurobond credit ratings were confirmed at “BBB-“ as well, and outlook - at “Stable”.


The agency quoted the company’s strong financial position, high profitability of its hydropower segment and comfortable leverage level.


The full report is available on S&P website at: www.standardandpoors.com.

Your application has been accepted. The answer will be prepared and sent within 20 calendar days. ok