Fitch confirms Rosseti FGC UES ratings as 'BBB' with forecast 'stable'

10/01/2020

Fitch Ratings international agency has confirmed long-term issuer default ratings in foreign and local currency of Rosseti FGC UES (FGC UES, PJSC) at the level of 'BBB', with forecast 'stable'. The rating of the company is on a par with the sovereign rating of the Russian Federation.

Moderately diversified and stable client base, reliable credit indicators of the company and high probability of state support in case of necessity are named among the main criteria for the rating confirmation.


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FSK EES JSC published this content on 01 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 October 2020 10:39:01 UTC