UNI - EN REPORT No
UNI - EN REPORT No18/2020
In a press release by S&P Global Ratings (hereinafter “The Agency”), the agency has upgraded Kernel long-term issuer credit rating to ‘B+’ with Stable Outlook on sound credit metrics and planned refinancing. The stable outlook reflects the agency’s assumption that the low risk of disruption on export volumes from the COVID-19 pandemic and reduction of CapEx in FY2022 should support cash flows.
A full text of the press release related to the rating update is available at www.standardandpoors.com.