OREANDA-NEWS. On March 27, 2009 The international ratings agency “Standard & Poor’s“ has fulfilled the request of Lietuvos Energija AB to withdraw its corporate credit ratings, reported the press-centre of Lietuvos Energija.

Moreover, “Standard & Poor’s”, with regard to downgrade of the Republic of Lithuania, prior to its withdrawal, announced that it downgrades the company’s long-term credit rating from BBB+ to BBB and short-term credit rating from A-2 to A-3.

“The Management Board has issued a request to withdraw its credit ratings since LEO LT AB requested that “Standard & Poor‘s" performs credit rating services for the entire group“, says Mrs. Aldona Jakutiene, Deputy CEO for Finance, Lietuvos Energija AB.