S&P increases rating of Transneft to “BBB+” from “BBB” with stable forecast

The international rating agency Standard & Poor's has increased the long-term corporate credit rating of Transneft in  the national currency from “BBB” to “BBB+”; the forecast of the rating is stable, the agency’s press release reports.

S&P also confirmed the company’s long-term corporate credit rating in foreign currency at the level of “BBB” with a stable forecast.