Moody’s lowers its ratings for 8 Russian companies
Edited by Rhod Mackenzie / 2015-01-21 05:59:53
An international rating agency Moody’s reduced ratings for eight large Russian companies and their subsidiaries. It assigned the review of the ratings with negative outlook. It is stated in the press-release of the agency.
“The rating actions follow the weakening of the credit strength of Russia. The rating of the government bonds are reduced to Baa3 from Baa2,” Moody’s reports. The ratings of the following companies are down to Baa3 from Baa2.
