Moody’s lowers ratings of large Russian companies

Moody’s lowers ratings of large Russian companies

 

Moody’s has lowered ratings of large Russian companies Rosneft, LUKOIL, Gazprom Neft, Norilsk Nickel and their subsidiary due to the fall of Russia’s sovereign rating, RIA Novosti reports.Gazprom’s rating was lowered from Baa2 to Baa3, coinciding with the drop of Russia’s credit rating.

 

Moody’s has lowered ratings of large Russian companies Rosneft, LUKOIL, Gazprom Neft, Norilsk Nickel and their subsidiary due to the fall of Russia’s sovereign rating, RIA Novosti reports.

Gazprom’s rating was lowered from Baa2 to Baa3, coinciding with the drop of Russia’s credit rating.

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