Standard & Poor’s has published an update of long-term default values of the largest companies. The rating of Gazpromneft, Gazprom, Russian Railways, Megafon and MTS has dropped from BB+ to BBB- with a negative forecast. Ratings were also lowered for Rosneft, Transneft and Novatek.The following banks lost their ratings: Alfa-Bank, VTB, Raiffeisenbank and Unicredit Bank.LUKOIL’s rating remains at BBB- with a negative forecast. It can withstand the country’s default, so its rating is one point above the rating of Russia.
Standard & Poor’s has published an update of long-term default values of the largest companies. The rating of Gazpromneft, Gazprom, Russian Railways, Megafon and MTS has dropped from BB+ to BBB- with a negative forecast. Ratings were also lowered for Rosneft, Transneft and Novatek.
The following banks lost their ratings: Alfa-Bank, VTB, Raiffeisenbank and Unicredit Bank.
LUKOIL’s rating remains at BBB- with a negative forecast. It can withstand the country’s default, so its rating is one point above the rating of Russia.
