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Russian Gold, Nickel Giant Got Highest Rating

Norilsk Nickel has become the first and the only privately owned company in Russia

Today international rating agency Fitch Ratings Ltd. has assigned investment grade credit rating to Russia's metals giant Norilsk Nickel.

Fitch assigned Norilsk Nickel a Senior Unsecured ?BBB-? rating with Stable Outlook.

Norilsk Nickel has become the first and the only privately owned company in Russia with investment grade credit rating assigned by one of the leading international rating agencies.

Aggregate of all ratings assigned (Fitch ??ВВB-?, Moody's - ?Ва1? и Standard & Poor?s - ?ВВ+?) gives Norilsk Nickel the highest rating among privately owned Russian companies. These ratings reflect unique resource base and strong financial profile of Norilsk Nickel as well as the company's strong positions in the global markets of nickel, palladium, platinum, copper, and gold.