OREANDA-NEWS. March 30, 2015. Fitch Ratings has withdrawn Russian Voronezh Region's Long-term foreign and local currency Issuer Default Ratings (IDRs) of 'BB+' and National Long-term rating of 'AA(rus)', both with Stable Outlooks, and its Short-term foreign currency IDR of 'B'.

Voronezh Region's outstanding senior unsecured domestic bonds' ratings of 'BB+' and 'AA(rus)' were also withdrawn.

The ratings were withdrawn as the issuer has chosen to stop participating in the rating process.
Therefore, Fitch will no longer have sufficient information to maintain the ratings. Accordingly, Fitch will no longer provide ratings or analytical coverage for the Voronezh Region.