ACRA WITHDRAWS THE CREDIT RATING OF THE SERIES BO-02-02 (RU000A10AXK9) BOND ISSUE OF PJSC “PHOSAGRO” IN VIEW OF ITS REDEMPTION

Applicable credit rating methodologies, including those used to assess the rated entity’s standalone creditworthiness and rating-sensitive external factors

1. Methodology for Assigning Credit Ratings to Financial Instruments under the National Scale for the Russian Federation to determine the credit rating of the bond issue under the national scale for the Russian Federation.

2. Key Concepts Used by the Analytical Credit Rating Agency within the Scope of Its Rating Activities to ensure consistent and uniform application of ACRA’s methodologies, rating scales, models, and key rating assumptions.

First publication date of the credit rating

February 18, 2025

Last publication date of the credit rating

March 10, 2026

Material sources of information

The rated entity, publicly available sources, and ACRA’s own databases.

Rating solicitation

Solicited

Limitations with respect to the credit rating or the credit rating outlook, including those related to the quality of information on the rated object available to the credit rating agency

ACRA used only information, the quality and reliability of which were, in ACRA’s opinion, appropriate and sufficient to apply the rating methodologies.
No conflicts of interest were discovered in the course of the credit rating process.

Ancillary services, if any, provided to the rated entity during the year preceding the rating action, and the period of these services.

None