UPDATE: Fitch downgrades 7 Russian state companies to C - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

UPDATE: Fitch downgrades 7 Russian state companies to C

(adds details in last paragraph)

MOSCOW, Mar 14 (PRIME) -- International rating agency Fitch Ratings has downgraded the issuer-default ratings of Rusnano, Russian Highways, Russian Post, Federal Passenger Company, bank DOM.RF and Svyazinvestneftekhim to C, the agency said in a statement on Monday.

The agency cut the long-term issuer-default rating of Russia to C from B earlier in March.

Fitch also downgraded to CC the issuer-default ratings of insurers AlfaStrakhovanie, Allianz, VSK and Russian National Reinsurance Company, Soglasie and Euroins.

End %%mk/jst%%

14.03.2022 20:01