ACRA assigns AА-(RU) to bonds issued by the Lipetsk Region

Credit rating rationale. In ACRA’s opinion, the below bonds issued by the Lipetsk Region are senior unsecured instruments, and their credit rating is equal to the rating assigned to the Lipetsk Region.

Key issue properties

Regulatory disclosure

The credit rating has been assigned under the national scale for the Russian Federation based on the Methodology for Assigning Credit Ratings to Individual Issues of Financial Instruments Under the National Scale of the Russian Federation and the Key Concepts Used by the Analytical Credit Rating Agency Within the Scope of Its Rating Activities.

A credit rating has been assigned to the bonds of the Lipetsk Region for the first time. The credit rating is expected to be revised within 182 days following the rating action date (July 11, 2017).

The assigned credit rating is based on the data provided by the Lipetsk Region. The credit rating is solicited, and the Lipetsk Region participated in its assignment.

No material discrepancies between the provided data and the data officially disclosed by the Lipetsk Region in its financial statements have been discovered.

ACRA provided no additional services to the Lipetsk Region. No conflicts of interest were discovered in the course of credit rating assignment.

Log in

Forgot password

Sign up

Reset password

Reset password

Termsofuse

Полное использование материалов сайта разрешается только с письменного согласия правообладателя, АКРА (АО). Частичное использование материалов сайта (не более 30% текста статьи) разрешается только при условии указания гиперссылки на непосредственный адрес материала на сайте www.acra-ratings.ru . Гиперссылка должна быть размещена в подзаголовке или в первом абзаце материала. Размер шрифта гиперссылки не должен быть меньше шрифта текста используемого материала.