Fitch Ratings has downgraded
The IDR has been withdrawn for commercial reasons.
Fitch's most recent rating action for Mountain Province was on
Ratings withdrawn for commercial reasons.
Key Rating Drivers
Not applicable as the ratings have been withdrawn.
RATING SENSITIVITIES
Not applicable as the ratings have been withdrawn.
Best/Worst Case Rating Scenario
International scale credit ratings of Non-Financial Corporate issuers have a best-case rating upgrade scenario (defined as the 99th percentile of rating transitions, measured in a positive direction) of three notches over a three-year rating horizon; and a worst-case rating downgrade scenario (defined as the 99th percentile of rating transitions, measured in a negative direction) of four notches over three years. The complete span of best- and worst-case scenario credit ratings for all rating categories ranges from '
Issuer Profile
Mountain Province holds a 49% interest in the Gaucho Kue diamond mine, 51% owned and operated by
REFERENCES FOR SUBSTANTIALLY MATERIAL SOURCE CITED AS KEY DRIVER OF RATING
The principal sources of information used in the analysis are described in the Applicable Criteria.
ESG Considerations
Unless otherwise disclosed in this section, the highest level of ESG credit relevance is a score of '3'. This means ESG issues are credit-neutral or have only a minimal credit impact on the entity, either due to their nature or the way in which they are being managed by the entity. For more information on Fitch's ESG Relevance Scores, visit www.fitchratings.com/esg.
Following the withdrawal of ratings for
RATING ACTIONS
Entity / Debt
Rating
Prior
LT IDR
RD
Downgrade
C
LT IDR
WD
Withdrawn
RD
Page
of 1
VIEW ADDITIONAL RATING DETAILS
Additional information is available on www.fitchratings.com
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