S&P’s places Polyus ratings on CreditWatch positive

June 9, 2017

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Ratings agency S&P Global Ratings Services has placed its ‘BB-‘ issuer credit ratings on Russian gold miner PJSC Polyus and its controlling shareholder, Polyus Gold, on CreditWatch with positive implications.

S&P’s highlighted the company’s strong profitability, positive free operating cash flow generation, falling leverage and the expectation that Polyus will report supportive operating and financial results for this year and beyond.

Category: General