in Short
Morocco: OCP maintains Baa3 rating with stable outlook, Moody’s confirms
OCP maintains its Baa3 rating as Moody’s highlights the Moroccan phosphate leader’s solid financial profile and strategic role in global food security.
OCP Group’s long-term credit rating was affirmed at Baa3 with a stable outlook by Moody’s Ratings on April 2, 2026. This investment-grade rating reflects the Moroccan phosphate leader’s solid financial profile, prudent debt management and strong liquidity position. Moody’s also highlights resilient global demand for fertilizers, driven by population growth and agricultural needs, supporting OCP’s medium-term visibility. The agency notes the group’s strategic role in global food security and its capacity to sustain performance despite market volatility.
