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PhosAgro PJSC (PHOR)
PhosAgro PJSC: PhosAgro Receives First-Ever Credit Rating from Expert RA:
AAA (RU) with Stable Outlook
30-March-2023 / 21:00 MSK
The issuer is solely responsible for the content of this announcement.
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PhosAgro Receives First-Ever Credit Rating from Expert RA: AAA (RU) with
Stable Outlook
Moscow – PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading
vertically integrated phosphate-based fertilizer producers, announces that
the credit rating agency Expert RA has assigned PhosAgro a credit rating
for the first time: the AAA rating (with a stable outlook) is the highest
possible on Russia’s national scale:
https://raexpert.ru/releases/2023/mar30b.
Earlier, PhosAgro also received a AAA(RU) rating with a stable outlook
from ACRA.
About the Company
PhosAgro (www.phosagro.ru) is a vertically integrated Russian company and
one of the world’s leading producers of mineral phosphorous fertilizers
and of high-grade apatite concentrate grading 39% P2O5 and higher.
PhosAgro’s fertilizers are highly effective, ensuring the improved quality
of agricultural produce.
PhosAgro Group is the largest manufacturer of phosphate-based fertilisers
in Europe (by total capacity of DAP/MAP/NP/NPK/NPS production), the
largest producer of phosphite grading 39% P2O5 in the world and one of the
leading global producers of ammonium and diammonium phosphate, one of
Europe’s leading and the only producer in Russia of monocalcium phosphate
feed (MCP), and the only producer in Russia of nepheline concentrate.
The company’s main products, including phosphite, 57 grades of fertilizer,
phosphate feed, ammonium, and sodium tripolyphosphate, are used in around
100 countries on all inhabited continents. Our priority markets, besides
Russia and the CIS, are Latin America, Europe, and Asia.
The company's shares are listed on the Moscow Exchange and its Global
Depositary Receipts (GDRs) are listed on the London Stock Exchange (MOEX
and LSE ticker: PHOR).
More information about PhosAgro PJSC can be found on our site:
1 www.phosagro.ru
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The issuer is solely responsible for the content of this announcement.
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ISIN: US71922G2093
Category Code: MSCH
TIDM: PHOR
LEI Code: 25340053KRUNNYUWF472
Sequence No.: 233914
News ID: 1597529
End of Announcement EquityStory RS News Service
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