S&P ups Rushydro view to positive

S&P Global Ratings said it revised its outlook on PJSC Rushydro to positive from stable and affirmed the BB/B long- and short-term corporate credit ratings and ruAA Russia national scale rating on the company.

“The outlook revision reflects our expectation that recapitalization and improving operating performance could prompt an upgrade, fueled by expected strengthening in Rushydro's financial metrics,” S&P said in a news release.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.