Moody's Ratings (Moody's) has upgraded Kinross Gold Corporation's (Kinross) senior unsecured notes ratings to Baa2 from Baa3. The outlook has been changed to stable from positive. "The upgrade reflects Kinross' strengthening credit profile, supported by steady gold production at a competitive cos...
Moody's Ratings (Moody's) affirmed Kinross Gold Corporation's (Kinross) senior unsecured notes rating at Baa3. The outlook remains stable. "The affirmation reflects our view that Kinross will maintain production at about 2 million ounces per year, its current operating cost per ounce, and low lev...
Rating Action: Moody's revises Kinross' outlook to stable from positive; affirms Baa3 rating. Global Credit Research- 04 Mar 2022. Toronto, March 04, 2022-- Moody's Investors Service revised the rating outlook for Kinross Gold Corporation, to stable from positive.
Announcement: Moody's says Kinross' acquisition of Great Bear Resources Ltd. is credit negative. Global Credit Research- 09 Dec 2021. Toronto, December 09, 2021-- Moody's Investors Service, commented that Kinross Gold Corporation's announcement that it entered into an agreement with Great Bear Resources Ltd. to acquire all of the issued and outstanding shares the company for an upfront payment of approximately $1.4 billion to be paid with cash and shares is credit negative.
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