VSMPO-AVISMA Corporation, being the world's largest manufacturer of titanium products has obtained "BBB-" credit rating from international credit rating agency Fitch Ratings. The outlook is "Stable".

"The investment-grade rating from the international agency acknowledges that VSMPO - AVISMA Corporation is a first-class Russian borrower with strong industry position, balanced financial policy, prudent risk management practices, and adherence to high corporate governance standards. We anticipate that such high rating will allow us to attract financing even more efficiently and further expand our investor base. We are pleased that the agency have recognized our financial and operational success and we will endeavor to ensure that VSMPO - AVISMA Corporation remains the industry's leading company ," said VSMPO-AVISMA Corporation CFO Valery Borisov.