26.10.2015, 08:08
Fitch Withdraws Russian City of Izhevsk's Ratings
OREANDA-NEWS. Fitch Ratings has withdrawn Russian City of Izhevsk's Long-term foreign and local currency Issuer Default Ratings (IDRs) of 'B+' and National Long-term rating of 'A(rus)', both with Stable 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The ratings were withdrawn as the issuer has chosen to stop participating in the rating process.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 Izhevsk.
RATING SENSITIVITIES
Not applicable.
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