OREANDA-NEWS. METALLOINVEST (“the Company”) announces that Standard & Poor’s Ratings Services (“S&P”) has affirmed the Company’s ‘BB-’ long-term corporate credit rating. The rating outlook remains Positive.

S&P has simultaneously assigned ‘BB-’ issue rating to the Company’s Eurobonds intended to be issued in the second quarter of 2013.

According to the S&P published statement the rating action reflects that METALLOINVEST’s leverage is in line with the current rating. The ongoing Positive outlook is based on the expectation that METALLOINVEST will continue to generate substantial free cash flow as well as the Company’s commitment to further improving corporate governance.