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Angelina Valavina

Angelina Valavina

Energy & Utilities - EMEA / Head of EMEA Natural Resources & Commodities

Angelina Valavina is a Managing Director and Head of the Natural Resources & Commodities team in EMEA Corporates at ֳ. Prior to that she was a Deputy Head of EMEA Corporates’ Utilities & Transport team. In her previous capacity at ֳ, she had analytical responsibility for the oil and gas portfolio, and before that metals and mining.

Prior to joining ֳ, Angelina was in charge of auto and transport coverage in the equity research team at Renaissance Capital. Before that, she was with Vnesheconombank as a senior financial analyst. She also worked (as an intern) at Merrill Lynch (USA) in a private client group.

Angelina graduated from the Moscow State Institute of International Relations (MGIMO-University) with a B.A. in international economics with distinction. She has an MBA from the Monterey Institute of International Studies (USA) with a 3.9 GPA in international finance.

Contact

+44 20 3530 1314
angelina.valavina@fitchratings.com

01

Rating Actions

210 Results

Rating Action Commentary / Mon 12 May, 2025

ֳ Affirms IMCD N.V. at 'BBB-'; Stable Outlook

ֳ-Barcelona-12 May 2025: ֳ has affirmed IMCD N.V.'s Long-Term Issuer Default Rating (IDR) and senior unsecured rating at 'BBB-'. The Outlook on the Long-term IDR is Stable.The rating reflects IMCD's leadership in the resilient specialty ...

Rating Action Commentary / Mon 12 May, 2025

ֳ Affirms Aker BP at 'BBB'; Outlook Stable

ֳ-London-12 May 2025: ֳ has affirmed Aker BP ASA's Long-Term Issuer Default Rating (IDR) and senior unsecured ratings at 'BBB'. The Outlook on the IDR is Stable.Aker BP's rating reflects its operational scale with a production guidance ...

Rating Action Commentary / Wed 07 May, 2025

ֳ Assigns Harbour Energy's Hybrid Notes Final 'BB' Rating

ֳ-London-07 May 2025: ֳ has assigned Harbour Energy PLC's (Harbour; BBB-/Stable) EUR900 million subordinated perpetual resettable fixed-rate notes a final 'BB' rating. The notes are issued by Wintershall Dea Finance 2 B.V. and guaranteed ...

Rating Action Commentary / Fri 02 May, 2025

ֳ Rates ADNOC Murban's Sukuk Programme and the Notes Final 'AA'

ֳ-Frankfurt am Main-02 May 2025: ֳ has assigned ADNOC Murban RSC Ltd's (ADNOC Murban, AA/Stable) trust certificate issuance programme and the USD1.5 billion notes due 2035 issued under this programme final ratings of 'AA'. The programme is issued ...

Rating Action Commentary / Thu 01 May, 2025

ֳ Affirms CEPSA at 'BBB-' and Matador at 'BB'; Outlooks Stable

ֳ-Warsaw-01 May 2025: ֳ has affirmed Compania Espanola de Petroleos, S.A.'s (Moeve) Long-Term Issuer Default Rating (IDR) at 'BBB-' and Matador Bidco S.a.r.l's Long-Term IDR at 'BB'. The Outlooks for both companies are Stable.Moeve ...

Rating Action Commentary / Tue 29 Apr, 2025

ֳ Affirms Repsol at 'BBB+'; Outlook Stable

ֳ-London-29 April 2025: ֳ has affirmed Repsol, S.A.'s Long-Term Issuer Default Rating (IDR) at 'BBB+'. The Outlook is Stable. ֳ has also affirmed Repsol's Short-Term IDR at 'F1'.Repsol's rating is underpinned by very low EBITDA net ...

02

Insights

37 Results

Non-Rating Action Commentary / Wed 29 Jan, 2025

M&A and Chemicals Weakness Drives Rating Actions in EMEA Natural Resources

Related Content: EMEA Natural Resources and Commodities Rating Trends Dashboard: January 2025ֳ-London-29 January 2025: M&A activity drove rating actions across EMEA natural resource companies in 4Q2...

Special Report / Wed 29 Jan, 2025

EMEA Natural Resources and Commodities Rating Trends Dashboard: January 2025

In 4Q24, there were more downgrades (three) than upgrades (two) in the EMEA Natural Resources and Commodities corporates portfolio. Commodity prices were solid across oil and gas and key metals, but were subdued for c...

Non-Rating Action Commentary / Thu 14 Nov, 2024

Chemicals Drive Downgrades, Oil & Gas Push Upgrades in EMEA Natural Resources

Related Content: EMEA Natural Resources and Commodities Rating Trends Dashboard: November 2024ֳ-London-14 November 2024: Solid oil and gas prices and M&A activity were credit positive for EMEA oil a...

Special Report / Thu 14 Nov, 2024

EMEA Natural Resources and Commodities Rating Trends Dashboard: November 2024

In 9M24, the number of upgrades equalled the number of downgrades in the EMEA Natural Resources & Commodities (NRC) corporate rating portfolio. Commodities prices remained solid across many sectors but one – chemicals...

Non-Rating Action Commentary / Fri 12 Apr, 2024

Chemicals Drive Downgrades, Oil & Gas Upgrades in EMEA Natural Resources

Related Content: EMEA Natural Resources and Commodities Rating Trends Dashboard: April 2024ֳ-London-12 April 2024: Robust commodity prices helped support net-positive corporate rating actions in EME...

Special Report / Fri 12 Apr, 2024

EMEA Natural Resources and Commodities Rating Trends Dashboard: April 2024

Upgrades Outweigh Downgrades: With eight upgrades and five downgrades in the fourth and first quarter of 2024, net corporate rating actions in EMEA Natural Resources & Commodities remained positive as commodities pric...

04

Events

1 Results

05

Webinars

4 Results