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Novostal-M Got Their First ruA- Credit Rating by Expert RA
11 February 2022

RA Expert (Rating Agency) assigned the ruA- credit rating to Novostal-M Metallurgical Holding with stable outlook. It is an evidence of the company's high level of financial strength.

When assigning the rating, the Agency noted the Company's leading positions in its segment, sound liquidity, availability of financing sources and extremely comfortable conditions for amortization of the group's loan portfolio formed by long-term financing sources above all others.

This is particularly important to the extent of investments the company is to make to build another Rail and Structural Steel Mill at Balakovo SF.

The Expert RA's credit rating is long-term, and it is assigned according to the Russian national scale.

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