The international Moody's rating agency upgraded ALROSA's rating to investment grade Baa3. At the same time, the Company was assigned a positive outlook on the ratings, writes Kommersant.
Positive ratings also received: Gazprom, Gazprom Neft, LUKOIL, Magnitogorsk Iron and Steel Works (MMK), NOVATEK, Novolipetsk Metallurgical Plant (NLMK), Norilsk Nickel, Russian Railways, Severstal, Tatneft, Transneft and the Federal Passenger Company (FPK). The stable outlook is assigned to Rosneft, Rosneft International Holdings Limited, Bashneft, Inter RAO, SIBUR and Fosagro.
The other day Moody’s raised the outlook on the ratings of 9 companies that operate in the Russian financial sector. Forecasts for Sberbank, VTB, Vneshekonombank (VEB), Roseximbank, the Agency for Housing Mortgage Lending, Rosselkhozbank, Gazprombank, the State Transport Leasing Company and GTLK Europe DAC changed from stable to positive.