OREANDA-NEWS. National Rating Agency has placed its credit rating on GlavTorgProduct OJSC (GTP) on the Watchlist with indefinite implications. In July 2013, the company was assigned NRA’s individual credit rating of ‘BBB+’, which was reaffirmed in January 2015.

The indefinite rating outlook reflects the fact that it is currently impossible to assess the GTP’s financial position due to the company’s failure to provide up-to-date financial reporting data.

The company’s rating is maintained by NRA and is under review from the time of Watchlist placement with indefinite implications. NRA will take appropriate rating actions after July 16, 2015 — the date on which the company said it will provide information about its financial condition.