PAO Severstal: Moody's, Fitch and S&P, withdraw Severstal's rating (1319857)
April 04 2022 - 11:01AM
UK Regulatory
PAO Severstal (SVST) PAO Severstal: Moody's, Fitch and S&P,
withdraw Severstal's rating 04-Apr-2022 / 19:01 MSK Dissemination
of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS
Group. The issuer is solely responsible for the content of this
announcement.
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Moody's, Fitch and S&P, withdraw Severstal's rating
PAO Severstal (MOEX: CHMF; LSE: SVST) notifies that Moody's,
Fitch and S&P have withdrawn the Company's credit ratings. The
withdrawal of the ratings follows the EU's decision to ban the
provision of credit ratings to Russian entities.
For further information, please contact:
Severstal Investor Relations
Vladimir Zaluzhsky, Nikita Klimantov
T: +7 (495) 926-77-66
vladimir.zaluzhsky@severstal.com; na.klimantov@severstal.com
Severstal Public Relations
Anastasia Mishanina
T: +7 (495) 926-77-66
anastasia.mishanina@severstal.com
***
P?? Severstal is one of the world's most efficient metals and
mining companies, working with customers and partners to create new
products and integrated solutions from steel. The company's assets
are located in Russia, Latvia and Poland. Severstal is listed on
MOEX and the company's GDRs are traded on the LSE. Severstal
reported revenue of USD11.6 million and EBITDA of USD6 bln in 2021.
Severstal's crude steel production in 2021 reached 11.6 million
tonnes.
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ISIN: US8181503025
Category Code: MSCM
TIDM: SVST
LEI Code: 213800OKDPTV6K4ONO53
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 0
EQS News ID: 1319857
End of Announcement EQS News Service
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