Moody’s Increases Uralkali’s Rating Outlook to Positive from Stable
Uralkali (the Company; Moscow Exchange: URKA), one of the world’s largest potash producers, announces that Moody’s international credit rating agency has increased Uralkali’s rating outlook to positive from stable. The Company’s rating is Ba2 with no changes.
The agency’s assessment is based on analysis of the Company’s financial results along with market prospects.
Uralkali (www.uralkali.com) is one of the world’s largest potash producers and exporters. The Company’s assets consist of 5 mines and 7 ore treatment plants in the towns of Berezniki and Solikamsk (Perm Region, Russia). Uralkali employs ca. 12,000 people in the main production unit. Uralkali’s shares are traded on the Moscow Exchange.