Public stock VSMPO AVISMA : VSMPO – AVISMA Corporation receives rating of investment grade from international rating agency Fitch Ratings

VSMPO - AVISMA Corporation, being the world's largest manufacturer of titanium products has obtained 'BBB-' credit rating from international credit rating agency Fitch Ratings. The outlook is «Stable».

VSMPO - AVISMA Corporation CFO Valery Borisov said:
«The investment-grade rating from the international agency acknowledges that VSMPO - AVISMA Corporation is a first-class Russian borrower with strong industry position, balanced financial policy, prudent risk management practices, and adherence to high corporate governance standards. We anticipate that such high rating will allow us to attract financing even more efficiently and further expand our investor base. We are pleased that the agency have recognized our financial and operational success and we will endeavor to ensure that VSMPO - AVISMA Corporation remains the industry's leading company».

ABOUT VSMPO-AVISMA CORPORATION
Public Stock Company VSMPO-AVISMA Corporation is a world's largest vertically integrated manufacturer of titanium and titanium alloy products. The Corporation also produces aluminum alloy extrusions, steel alloy and nickel-based heat-resistant alloy semi-finished products. VSMPO-AVISMA Corporation is a leader in the global market for high-tech titanium products, is deeply integrated into the global aerospace industry and is a major strategic supplier of titanium products for many companies. Products manufactured by VSMPO-AVISMA Corporation are widely used in power engineering, petrochemical industry, shipbuilding, medicine and civil engineering. The Corporation enjoys business relationships with more than 400 companies, including the world's leading aircraft manufacturers, in 50 countries worldwide.

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