Based on the results of the work for 2022, the Analytical Credit Rating Agency upgraded the credit rating of KAMAZ PTC to a high level of creditworthiness AA-(RU), Outlook Stable, and also upgraded ratings on corporate bonds.
Every April, KAMAZ confirms the credit rating established for it and the credit ratings of the bonds issued by it. Last week, KAMAZ PTC held an interview with the Analytical Credit Rating Agency (ACRA) to protect the established credit rating of the enterprise. The rating agency’s questions were answered by a team of specialists led by the Deputy General Director of KAMAZ PTC – Financial Director Andrey Maksimov.
As a result, based on the results of work for 2022, the company’s credit rating was upgraded to a high level of creditworthiness AA-(RU), Outlook Stable, and also ratings on bonds were also upgraded. ACRA’s high assessment of the company’s work is important for KAMAZ PTC. It testifies to the stability of the company’s work and gives confidence in the future.
The results of the company’s work in 2022 became the basis for achieving a high level of creditworthiness of AA-(RU) and a stable outlook. The high level of the company’s systemic importance for the Russian economy contributed to obtaining such an assessment. KAMAZ is a key player in the Russian truck market, having strategic importance for the state in terms of ensuring transportation security.