MOSCOW, RUSSIA: Metalloinvest, a number one global iron ore and HBI producer and supplier, and one of many regional producers of high-quality steel, today announces that Moody’s Investors Service (“Moody’s“) withdraws the Company’s credit score ratings, collectively with long-term company household rating of JSC Holding Company Metalloinvest and backed senior unsecured rating of Metalloinvest Finance D.A.C.
According to Moody’s statement, the company withdraws its credit score ratings, along with all related inputs to rating services, on a number of Russian entities – monetary establishments and corporates. Earlier today, the company withdrew the ratings of the Government of Russia and Russian sub-sovereign entities. Moody’s has determined to withdraw the ratings for its personal enterprise reasons.