OREANDA-NEWS. xpert RA Rating Agency (RAEX) downgraded credit (long-term creditworthiness) rating sub-level of Yaposhka - City from the second to the third and changed the rating outlook from "stable" to "developing". Developing outlook means rating stability and downgrading are equally likely in the mid-term. Credit rating remains at A level "High level of creditworthiness".

Sub-level and rating outlook review was determined by rehabilitation procedure effected in relation to the largest creditor and one of the owners of Yaposhka - City company, National Bank Trust.

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