Standard & Poor’s has confirmed the long-term credit rating of Russian Railways at BBB + and the Company’s rating on the national scale at ruAAA, outlook “stable.”
Foreign currency bonds were rated at BBB + / Stable/A-2 and bonds in the national currency at A-/ Stable /A-2. The rating on the Russian scale was ruAAA.
According to analysts, Standard & Poor’s ratings reflect the expectation of strong financial support from the Russian Federation, the Company’ dominance on the Russian rail transport market, its current strong financial performance and its willingness to pursue moderate financial policies, as well as the strong competitive position of rail transport in Russia.