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CHERKIZOVO GROUP ANNOUNCES THAT MOODY’S AFFIRMED COMPANY RATING AT B1 LEVEL, STABLE OUTLOOK

22 May 2020

• 22 May 08:27

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PJSC Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces that its credit rating was affirmed by Moody’s at B1 level, outlook “stable”. Moody’s affirmed company credit rating at B1 level, outlook “stable”. In the press release, the credit rating agency states that the decision to confirm Cherkizovo’s rating reflects Moody's opinion that the company's business profile and strong market position will allow it to withstand the deteriorating domestic macroeconomic environment and maintain stable financial performance and sufficient liquidity. Moody’s. Read more...