Petra Diamonds Limited - Moody's credit rating withdrawal
19 December 2025 LSE: PDL
(" Petra ", or the " Company ")
Moody's credit ratings withdrawal
The Company confirms that the withdrawal of the ratings followed the cancellation of the Company's ratings subscription with Moody's and was made at the Company's request. The withdrawal does not result from any change in the Company's trading performance, financial position, liquidity, or outlook, nor from any credit event. The decision to terminate this ratings coverage by Moody's is in support of the Company's on-going cost optimisation initiatives.
The Company remains engaged with S&P Global Ratings ("S&P"), as per the requirement under the terms of its Second Lien Notes, to have ratings coverage by at least one of S&P or Moody's. The most recent rating, where the Company was upgraded following the successful Refinancing, can be found on our website: https://www.petradiamonds.com/investors/fixed-income-centre/fixed-income-investors/.
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For further information, please contact:
Telephone: +44 (0)7495470187
investorrelations@petradiamonds.com
About
Petra's strategy is to focus on value rather than volume production by optimising recoveries from its high-quality asset base in order to maximise their efficiency and profitability. The Group has a significant resource base which supports the potential for long-life operations.
Petra strives to conduct all operations according to the highest ethical standards and only operates in countries which are members of the Kimberley Process. The Company aims to generate tangible value for each of its stakeholders, thereby contributing to the socio-economic development of its host countries and supporting long-term sustainable operations to the benefit of its employees, partners and communities.
Petra's Ordinary Shares are admitted to the equity shares (commercial companies) category of the
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