01.07.2014 17:46:00
|
RZD Capital PLC -- Moody's confirms Russian Railways at Baa1 and Federal Passenger Company at Baa2; negative outlook
London, 01 July 2014 -- Moody's Investors Service has today confirmed at Baa1 the senior unsecured issuer rating of the Government-related Issuer (GRI) Russian Railways Joint Stock Company and the senior unsecured rating of RZD Capital PLC, which is the issuer of loan participation notes for the sole purpose of financing loans to Russian Railways. Concurrently, Moody's has confirmed at Baa2 the senior unsecured issuer rating of Federal Passenger Company OJSC, a wholly owned subsidiary of Russian Railways. The outlook on all ratings is negative. This concludes the review for downgrade initiated by Moody's on 1 April 2014.