AI Terminal
NLMK ao
Capital/Financing Update • Apr 4, 2022
6383_rns_2022-04-04_5d261b14-eff4-42ed-b469-fc347b86d002.html
Capital/Financing Update
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 1797H
Novolipetsk Steel
04 April 2022
Press release
4 April 2022
S&P, Moody's, and Fitch withdraw NLMK's rating
NLMK Group reports that S&P, Moody's, and Fitch have withdrawn the Company's credit ratings. These decisions were initiated by the rating agencies in light of the requirements set out by European regulators.
About NLMK Group
NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
NLMK Group's steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.
NLMK operates production facilities in Russia, Europe, and the United States. The Company's steel production capacity exceeds 18 million tonnes per year.
NLMK's ordinary shares with a 20.7% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1.
For more information about NLMK Group, please visit our website.
| IR contact info: Dmitry Kolomytsyn, CFA +7 (495) 504 0504 ir@nlmk.com |
Media contact info: Maria Simonova +7 (915) 322 62 25 [email protected] |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
MSCSSAFELEESEDL