Standard & Poor’s confirmed credit ratings of Atomenergoprom at the sovereign level «ВВВ/А-2» and «ruAAA» with the «Stable» outlook

The rating outlook is «Stable».
 
Thus, at this time Atomenergoprom’s credit ratings are at the highest maximum possible (sovereign) level and correspond to the credit ratings of the Russian Federation.
 
The ratings of Atomenergoprom reflect the opinion of the Credit Rating Service of Standard & Poor's on «very high» probability of the holding to receive timely and sufficient urgent support from the Government of the Russian Federation in a stress financial situation. The rating agency’s report notes that the vertically integrated business model, guaranteed monopoly in the civil nuclear sector of the Russian Federation, sound market presence in the sphere of nuclear build, mining, conversion and enrichment of uranium feed, as well as fabrication of fuel assemblies, positively influence the company’s creditworthiness.
 
According to the rating agency’s criteria, Atomenergoprom’s liquidity indicators are graded as «adequate». Besides, Standard & Poor’s notes that Atomenergoprom has a substantial strength margins within the existing covenants under various debt commitments.