Moody's international rating agency has upgraded the ratings of four big Russian companies –Gazprom, Transneft, Rosneft and "Russian Railways" – from index Baa3 to Baa2. In addition, the agency assured them that the rating forecast was stable.
The ratings of the companies were upgraded after the agency had raised the rating of the Russian Federation in foreign currency liabilities from Baa3 to Baa2 on October 26.
In respect of Gazprom, apart from upgrading the rating of its long-term liabilities in foreign currency to the Baa2 level, the ratings of the Eurobond emissions of that gas concern have been raised to Baa1.
As for Transneft, the agency decided to upgrade its long-term rating in national currency liabilities from Baa1 to A2, and the rating in foreign currency liabilities from Baa3 to Baa2.
The long-term rating of Rosneft in national currency liabilities has gone up from Baa3 to Baa2. The rating of Rosneft's Eurobond emission valued at $150 mln has also gone up by one step - from Baa3 to Baa2.
The agency has also raised the ratings of OAO "Russian Railways": from Baa2 to A3 in national currency liabilities, and from Baa3 to Baa2 in foreign currency liabilities.
The ratings of the companies were upgraded after the agency had raised the rating of the Russian Federation in foreign currency liabilities from Baa3 to Baa2 on October 26.
In respect of Gazprom, apart from upgrading the rating of its long-term liabilities in foreign currency to the Baa2 level, the ratings of the Eurobond emissions of that gas concern have been raised to Baa1.
As for Transneft, the agency decided to upgrade its long-term rating in national currency liabilities from Baa1 to A2, and the rating in foreign currency liabilities from Baa3 to Baa2.
The long-term rating of Rosneft in national currency liabilities has gone up from Baa3 to Baa2. The rating of Rosneft's Eurobond emission valued at $150 mln has also gone up by one step - from Baa3 to Baa2.
The agency has also raised the ratings of OAO "Russian Railways": from Baa2 to A3 in national currency liabilities, and from Baa3 to Baa2 in foreign currency liabilities.
