Epiroc assigned preliminary BBB+ credit rating from S&P Global Ratings

Stockholm, Sweden: Epiroc AB, a leading productivity partner for the mining, infrastructure and natural resources industries, has been assigned a preliminary BBB+ long-term issuer credit rating by S&P Global Ratings, with a stable outlook.S&P Global states that the rating on Epiroc reflects a “leading global position as a provider of equipment for rock drilling and excavation, expected resilience against cyclicality in equipment demands thanks to its high-share of aftermarket sales revenues, as well as industry-leading EBITDA margins of around 23%-24%.” “The BBB+ rating reflects Epiroc’s