惠誉上调紫金(02899.HK)信贷评级展望至「正面」
评级机构惠誉公布,将紫金矿业(02899.HK)长期发行人违约评级展望由「稳定」上调至「正面」,确认其「BB+」评级。正面展望反映该行预期紫金在未来两至三年将维持强劲盈利能力,受惠产量增加及商品价格上升,2022年起经营现金流净杠杆料趋向低於2.5倍。
惠誉称,紫金评级受贵金属及贱金属多元化组合、低成本结构、高收益资产、矿区生命周期长及强现金流生成所支持。不过,评级受去年底止净杠杆4.1倍所限,即使该行料净杠杆将急速下降。
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