OREANDA-NEWS. September 15, 2015. Fitch Ratings has withdrawn Russian Ulyanovsk Region's Long-term foreign and local currency Issuer Default Ratings (IDRs) of 'B+' and National Long-term rating of 'A(rus)', both with Negative Outlooks, and its Short-term foreign currency IDR of 'B'.

KEY RATING DRIVERS

The ratings were withdrawn as the issuer has chosen to stop participating in the rating process.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 Ulyanovsk Region.

RATING SENSITIVITIES

Not applicable.