8.1.6. Information Concerning the Issuer’s Credit Ratings
If the issuer and/or the issuer’s securities have any credit rating(s), information concerning each credit rating known to the issuer to be specified for the most recently closed reporting year and for the period from the first date of the current year to the last date of the reporting quarter:
Rating applicable to: issuer
Credit rating agency
Full corporate name: Standard & Poor’s Credit Market Services Europe Limited (acting through its affiliate location in Moscow)
Short corporate name: Standard and Poor’s
Location: registered at 20 Canada Square, Canary Wharf, London, E14 5LH, United Kingdom. Affiliate location address: Russia, 125009, Moscow, ul. Vozdvizhenka, 4/7, str. 2, Mokhovaya Business Center
Description of credit rating methodologies or the webpage where information about credit rating methodologies is freely accessible (published):
http://www.standardandpoors.com/ru_RU/web/guest/home in the section “Criteria and methodology”
Credit rating as of the last date of the reporting quarter: Long-term foreign currency credit rating: BB (outlook: negative); long-term local currency credit rating: BB (outlook: negative); short-term foreign currency credit rating: B; short-term local currency credit rating: B; long-term national scale credit rating: ruAA
History of changes in the credit rating in the most recently closed fiscal year preceding the last date of the reporting quarter and over the period from the first date of the current year to the last date of the reporting quarter, specifying the credit rating value and the date when the credit rating is assigned (changed)
Rating Date
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Credit Rating Value
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March 27, 2014
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BBB-/A-3/ruAAA
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February 4, 2015
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BB /B/ruAA
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On February 4, 2015, Standard and Poor’s downgraded by one notch the credit ratings of JSC ROSSETI due to the unfavorable economic situation and due to the corresponding lowering of the sovereign ratings of the Russian Federation.
Rating applicable to: issuer
Credit rating agency
Full corporate name: Moody's Investors Service, Inc.
Short corporate name: Moody’s
Location: registered at 7 World Trade Center at 250 Greenwich Street, New York, NY 10007, USA. Affiliate location address: ul. 1-ya Tverskaya-Yamskaya, 21, 125047, Moscow, Russian Federation
Description of credit rating methodologies or the webpage where information about credit rating methodologies is freely accessible (published):
http://www.moodys.com in the section “Rating methodologies”
Credit rating as of the last date of the reporting quarter: Long-term global scale rating: Ba2 (outlook: stable); probability of default rating: Ba2-PD (outlook: stable)
History of changes in the credit rating in the most recently closed fiscal year preceding the last date of the reporting quarter and over the period from the first date of the current year to the last date of the reporting quarter, specifying the credit rating value and the date when the credit rating is assigned (changed)
Rating Date
|
Credit Rating Value
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July 14, 2010
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Ba1/Ba1-PD
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February 25, 2015
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Ba2/Ba2-PD
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On February 25, 2015, Moody’s downgraded by one notch the credit rating of JSC ROSSETI to Ba2 on the global scale due to the unfavorable economic situation and due to the corresponding lowering of the sovereign ratings of the Russian Federation.
On December 7, 2015, Moody’s changed the Company’s rating outlook from negative to stable.
Rating applicable to: issuer
Credit rating agency
Full corporate name: Moody’s Interfax Rating Agency
Short corporate name: Moody’s Interfax
Location: ul. 1-ya Tverskaya-Yamskaya, 21, 125047, Moscow, Russian Federation
Description of credit rating methodologies or the webpage where information about credit rating methodologies is freely accessible (published):
http://www.moodys.com in the section “Rating methodologies”
Credit rating as of the last date of the reporting quarter: Rating withdrawn
History of changes in the credit rating in the most recently closed fiscal year preceding the last date of the reporting quarter and over the period from the first date of the current year to the last date of the reporting quarter, specifying the credit rating value and the date when the credit rating is assigned (changed)
Rating Date
|
Credit Rating Value
|
July 14, 2010
|
Aa1.ru
|
February 26, 2015
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Aa2.ru
|
March 18, 2016
|
Rating withdrawn
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March 18, 2016, the national scale rating was withdrawn by the rating agency. The rating action was due to the termination by the rating agency of the assignment of credit ratings to the Russian Federation on the national scale.
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