60GT Polyus 5.250% S

TIDM60GT TIDMPLZL

RNS Number : 8375G

Polyus Finance PLC

31 March 2022

For immediate release 31 March 2022

Moody's withdraws Polyus Finance Plc credit rating

Polyus Finance Plc (the "Company") notes that Moody's Investors Service has withdrawn the Company's credit rating on 31 March 2022 together with all associated inputs to rating services such as Baseline Credit Assessments and Counterparty Risk Assessments.

Polyus

Polyus is the world's fourth-largest gold mining company by production volumes and the largest gold miner in terms of attributable gold ore reserves. The Company has the lowest production costs among major global gold producers. Its principal operations are located in Siberia and the Russian Far East: Krasnoyarsk, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).

Investor and Media contact

Victor Drozdov, Director Communications & Investor Relations Department

+7 (495) 641 33 77

drozdovvi@polyus.com

Forward-looking statements

This announcement may contain "forward-looking statements" concerning Polyus and/or Polyus group. Generally, the words "will", "may", "should", "could", "would", "can", "continue", "opportunity", "believes", "expects", "intends", "anticipates", "estimates" or similar expressions identify forward-looking statements. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Forward-looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus' and/or Polyus group's operations. Many of these risks and uncertainties relate to factors that are beyond Polyus' and/or Polyus group's ability to control or estimate precisely and therefore undue reliance should not be placed on such statements which speak only as at the date of this announcement. Polyus and/or any Polyus group company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCWPUGCWUPPGAG

(END) Dow Jones Newswires

March 31, 2022 11:45 ET (15:45 GMT)

Polyus 5.250% S (LSE:60GT)
Historical Stock Chart
From May 2024 to Jun 2024

Polyus 5.250% S (LSE:60GT)
Historical Stock Chart
From Jun 2023 to Jun 2024