
TMK Announces that Expert RA Rating Agency (Expert RA JSC) has Raised TMK’s National Scale Credit Rating to ruA + with a Stable Outlook
JSC “Expert RA” notes that after the closing of the transaction for the acquisition of 86.54% of shares in PJSC “ChTPZ” TMK will strengthen its market and competitive positions. The agency believes that the deal will lead to some increase in TMK’s debt burden, but at the same time it …