ACRA has withdrawn its credit ratings АAA(RU) previously assigned to the RU000A0JQ5Q5 and RU000A0JQ7X7 bonds issued by Joint Stock Company “Russian Railways”  due to full redemption of these bonds. The ratings have been withdrawn without their concurrent affirmation.

Regulatory disclosure

The credit ratings were assigned to RU000A0JQ5Q5 and RU000A0JQ7X7 bonds issued by Joint Stock Company “Russian Railways” under the national scale for the Russian Federation based on the Methodology for Assigning Credit Ratings to Individual Issues of Financial Instruments Under the National Scale of the Russian Federation, and the Key Concepts Used by the Analytical Credit Rating Agency within the Scope of Its Rating Activities.

The credit ratings of RU000A0JQ5Q5 and RU000A0JQ7X7 bonds issued by Joint Stock Company “Russian Railways” were first published by ACRA on November 16, 2017.

ACRA provided no additional services to Joint Stock Company “Russian Railways”. No conflicts of interest were discovered in the course of credit rating process.

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Analysts

Igor Golubnichy
Expert, Corporate Ratings Group
+7 (495) 139 04 80, ext. 149
Oleg Morgunov
Expert, Corporate Ratings Group
+7 (495) 139 04 80, ext. 175
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