Fitch Confirms Stable Outlook Rating of Russian Railways
OREANDA-NEWS. On January 18, 2007 Fitch Ratings has confirmed Russian Railways’ long-term rating of "BBB+" - outlook stable - in foreign and local currency and also the Company’s short-term rating in foreign and local currency at "F2", reported the press-centre of Russian Railways.
Fitch Ratings also confirmed the Company’s national long-term rating of "AAA (rus)" - outlook stable.
Fitch said the ratings reflect the close relationship between the Company and the government, the strategic importance of railroad infrastructure in Russia and the Company’s financial state.
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