Moody’s Revises Ratings for Several Russian Regions
OREANDA-NEWS. December 17, 2010. Moody’s has taken rating actions in respect of several Russian regions. In particular, the FX and national-currency rating of Vologda Region has been lowered form Ba1 to Ba2, with outlook changed from Negative to Stable.
The outlooks on Nizhny Novgorod Region’s Ba2, Belgorod Region’s Ba1, and Tatarstan’s Ba1 have been set at stable. Saratov Region’s FX and national-currency rating has been affirmed at Ba2, outlook negative. Moody’s Interfax has lowered Vologda Region’s national-scale rating from Aa1.ru to Aa2.ru and has confirmed long-term national-currency ratings at Aa1.ru for Belgorod Region, Aa2.ru for Nizhny Novgorod Region and Aa2.ru for Saratov Region.
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