In April 2013, Fitch Ratings confirmed MMC Norilsk Nickel’s long-term issuer default rating (IDR) at “BB+” with a reassessment of its rating outlook from “Stable” to “Positive.” The agency also confirmed the Company’s senior unsecured rating at “BB+” and short-term IDR at “B.”
In October 2013, Standard & Poor’s reassessed the rating outlook for MMC Norilsk Nickel from “Negative” to “Stable” and confirmed the Company’s long-term corporate rating at “BBB-”, and according to the Russian national scale, at “ruAA+.”