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News  ›  GlobeNewswire Inc.

Kinross upgraded to Baa2 Rating by Moody’s

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Kinross Gold Corporation
Kinross upgraded to Baa2 Rating by Moody’s

Kinross Gold Corporation was upgraded by Moody's from Baa3 to Baa2, with a stable outlook, due to its strong financial position, low leverage, and consistent debt repayment strategy. The company repaid $700 million in debt in 2025 and maintains a net cash position of approximately $500 million.

Insights
KGC   positive

Received credit rating upgrade, successfully reduced debt, maintained strong net cash position, and demonstrated disciplined financial management