OREANDA-NEWS. Metalloinvest (“the Company”) announces that Standard & Poor's Ratings Services (“S&P”) has upgraded the Company's long-term corporate credit rating from 'BB-' to 'BB' with a Stable outlook.

According to the S&P published statement, the rating action reflects that Metalloinvest has recently established a track record of more predictable financial policies and improved its debt maturity profile.

At the same time, S&P raised the issue rating on the senior unsecured notes, issued by Metalloinvest Finance Ltd., to 'BB' from 'BB-'.