Kyiv, January 15, 2014 - S&P, one of the largest rating agencies in the world has revised its outlook on Mriya Agro Holding's rating. In its latest report rating agency changed the outlook from "negative" to "stable", representing a one notch upgrade. At the same time, long-term corporate credit rating was affirmed at "B-".

Rating action was triggered by sovereign rating outlook upgrade and reflects improved creditworthiness of Ukraine. Therefore, Mriya, having its core assets situated in Ukraine, is exposed to the country's risks also experiences influence of sovereign rating change.

S&P analysts also stressed adequate liquidity, high operating margins, sound crop diversity and smooth track record of operational performance.

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Olena Glemba

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