Expert RA Revoked UTair-Finance Bond Issues Reliability Ratings
OREANDA-NEWS. ‘Expert RA’ rating agency announces revocation of reliability ratings of ‘UTair-Finance’ BO-01 (ISIN RU000A0JQTT1, registration number 4B02-01-36059-R) and BO-02 (ISIN RU000A0JQTU9, registration number 4B02-02-36059-R) bond issues in connection with their successful repayment by the issuer. Both bond issues used to have reliability ratings A+, which means very high reliability. The Company maintains creditworthiness rating A+, which means very high credit solvency; the rating outlook is stable.
Expert RA Rating Agency is the first independent rating agency in Russia founded in 1997 by Expert magazine. It is presently the largest Russian rating agency. The Agency strategic goal is to provide all-round information and analysis assistance to companies, operating on the Russian market. The Agency business is based on unique system of rating products. Expert RA family of ratings presents classic credit ratings of companies in all economic branches, regions and municipalities, as well as ratings related to different aspects of social responsibility of companies: corporate governance rating, companies' ecological liability rating. Currently Expert RA ratings have been assigned to over 350 companies (including companies from Eastern Europe, CIS and the Baltic countries) and regions (60 received the Agency credit rating).
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