Standard & Poor’s affirms EuroChem’s corporate credit rating at BB/Stable
Zug, Switzerland, December 16, 2015 – EuroChem Group AG (hereinafter “EuroChem”, “Group” or “Company”), a leading global agrochemical company, announces that the Standard & Poor’s credit rating agency confirmed EuroChem’s BB/Stable long-term credit rating.
In its report, S&P highlighted EuroChem’s adequate liquidity, moderate financial policy and advantageous cost competitiveness underpinned by its vertical integration, as key factors supporting the rating.
S&P’s full report on EuroChem is available on the rating agency’s website at www.standardandpoors.com
About EuroChem Group AG
EuroChem is a leading global agrochemical company producing primarily nitrogen and phosphate fertilizers, as well as certain organic synthesis products and iron ore. The Group is vertically integrated with activities spanning from mining and hydrocarbons extraction to fertilizer production, logistics, and distribution. EuroChem is currently developing two sizeable potash deposits in Russia with its VolgaKaliy and Usolskiy Potash greenfield projects. Headquartered in Zug, Switzerland, the Group operates production facilities in Belgium, China, Kazakhstan, Lithuania, and Russia and employs more than 23,000 people globally. For more information, please visit eurochem-corporate-qa1b64.azurewebsites.net or contact:
Head of Investor Relations
+41 41 727 1625
Head of Public Relations