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S&P: Russian Steel Pipe Producer TMK 'B+/ruA' Ratings Affirmed On Expected Improved 2017 Performance; Outlook Still Negative

November 25, 2016 | Cbonds

S&P Global Ratings today affirmed its 'B+' long-term corporate credit and 'ruA' Russia national scale ratings on Russia-based steel pipe producer PAO TMK. The outlook on the corporate credit rating remains negative.

We also affirmed our 'B+' senior unsecured debt ratings on the notes issued by TMK Capital S.A.

Company: TMK

Full company namePJSC TMK
Country of riskRussia
Country of registrationRussia
IndustryFerrous metals

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