VSMPO-AVISMA Corporation, being the world’s largest manufacturer of titanium products has obtained “BB+” credit rating from international credit rating agency Standard & Poor’s. The outlook is «Stable».
VSMPO-AVISMA Corporation CFO Valery Borisov said: «The assigned BB+ corporate rating from the international agency acknowledges that Group VSMPO-AVISMA has stable market position among Russian and international producers of titanium products which is achieved through vertically integrated production model, balanced product mix, raw materials sufficiency, low costs and conservative risk management policy. We anticipate that assigned rating will enable VSMPO – AVISMA Corporation to enter debt capital market and expand its investor base».
