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Metinvest’s credit rating is higher than that of Ukraine.

The international rating agency S&P Global Ratings has raised Metinvest’s long-term credit rating from “B” to “B +”, which is one step higher than Ukraine’s sovereign rating, and the outlook is stable. It is explained that in its report, it noted that the rating increase is due to the positive effect of operational improvements, as well as a significant reduction in the group’s debt, reported Interfax.

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