S&P rates Polyus Gold BB-

S&P said it assigned a BB- long-term corporate credit rating to Polyus Gold PJSC.

The outlook is stable.

The rating mirrors the rating on its 95%-owner, Polyus Gold International Ltd. as Polyus Gold is considered a core subsidiary of Polyus International and integral to group strategy, S&P explained.

Polyus International will continue to exercise effective control of Polyus Gold for the foreseeable future, the agency added.

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