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21.04.2015 20:33:00
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ALROSA OJSC -- Moody's upgrades ALROSA's CFR to Ba2; stable outlook
London, 21 April 2015 -- Moody's Investors Service has today upgraded the corporate family rating (CFR) of Alrosa OJSC (Alrosa) to Ba2 from Ba3 and the probability of default rating (PDR) to Ba2-PD from Ba3-PD. At the same time, Moody's raised Alrosa's baseline credit assessment (BCA) to ba3 from b2, and upgraded to Ba2 from Ba3 the rating on Alrosa Finance S.A.'s 7.75% USD1.0 billion senior unsecured guaranteed notes due 2020. The outlook on the ratings is stable. This concludes the review initiated by Moody's on 23 December 2014.
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