04:31 AM EDT, 07/13/2026 (MT Newswires) -- Fitch on Monday affirmed the long-term issuer default rating of Austrian oil and gas company OMV (OMV.VI) at A-, with a stable outlook. The affirmation reflects the strength of the group's integrated business model and conservative leverage profile, despite the rating agency's expectations of a gradual increase in leverage from its capital injection into Borouge Group International and lower earnings from 2027. Meanwhile, the stable outlook is based on OMV's moderate EBITDA net leverage in 2026-27, backed by higher prices in 2026.

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