# OCP's credit rating per Fitch: a 'BB+' and solid forecasts

> Fitch Ratings affirmed OCP's long-term rating at 'BB+' with a stable outlook, citing its operational strength and its investment programme. The company plans to raise capacity from 15.4 million tonnes to 20 million by 2027 and to increase TSP output. Fitch expects average EBITDA of 40 billion dirhams over 2025-2028.

- Date: 2026-11-02 · published 2026-11-02T21:15:42.275Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/76040-ocp-s-credit-rating-per-fitch-a-bb-and-solid-forecasts
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

OCP's planned capacity expansion and TSP growth point to more phosphate fertiliser supply over the coming years. The rating itself is a financial matter and does not move prices directly.

## Sources

- marocnewspaper.ma: https://marocnewspaper.ma/la-note-de-credit-docp-selon-fitch-un-bb-et-des-previsions-solides/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.