4 Apr 2022 17:02
PAO Severstal (SVST) PAO Severstal: Moody's, Fitch and S&P, withdraw Severstal's rating 04-Apr-2022 / 19:01 MSK Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Moody's, Fitch and S&P, withdraw Severstal's rating
PAO Severstal (MOEX: CHMF; LSE: SVST) notifies that Moody's, Fitch and S&P have withdrawn the Company's credit ratings. The withdrawal of the ratings follows the EU's decision to ban the provision of credit ratings to Russian entities.
For further information, please contact:
Severstal Investor Relations Vladimir Zaluzhsky, Nikita Klimantov T: +7 (495) 926-77-66 vladimir.zaluzhsky@severstal.com; na.klimantov@severstal.com Severstal Public Relations Anastasia Mishanina T: +7 (495) 926-77-66 anastasia.mishanina@severstal.com
*** PАО Severstal is one of the world's most efficient metals and mining companies, working with customers and partners to create new products and integrated solutions from steel. The company's assets are located in Russia, Latvia and Poland. Severstal is listed on MOEX and the company's GDRs are traded on the LSE. Severstal reported revenue of $11.6 million and EBITDA of $6 bln in 2021. Severstal's crude steel production in 2021 reached 11.6 million tonnes. |
| ISIN: | US8181503025 |
| Category Code: | MSCM |
| TIDM: | SVST |
| LEI Code: | 213800OKDPTV6K4ONO53 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 153522 |
| EQS News ID: | 1319857 |
| End of Announcement | EQS News Service |
UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
SVST.L (SVST)