Regulatory Filings • Feb 2, 2015
Regulatory Filings
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National Storage Mechanism | Additional information
RNS Number : 7572D
OAO Gazprom
02 February 2015
RELEASE
02.02.2015
China's biggest independent rating agency Dagong assigns highest credit rating to Gazprom
Dagong Global Credit Rating Company Limited (Dagong), China's biggest independent rating agency assigned today the highest credit rating to Gazprom - 'AAA' with a 'stable' outlook.
The agency named strong fundamentals and a high level of financial solvency among the criteria for assigning the highest rating to Gazprom. They provide for the assurance in Gazprom's fulfilling all its financial obligations, the Company's firm market position, its importance for the Russian economy as well as a high level of social responsibility of Gazprom's business.
The assigned credit rating will expand the scope of investments from Asia-Pacific into Gazprom's debt financial instruments, including pension funds, insurance companies, investment funds and banks as well as increase the Asian investors' loyalty to the Company.
Background
Dagong Global Credit Rating Company Limited (Dagong) was set up in 1994. Dagong is currently China's biggest independent rating agency actively engaged in the Asian bond market. Dagong employs more than 500 analysts, and over 200 of them have a degree in science.
Dagong provides information about corporate and sovereign credit risks. The agency believes that the sovereign rating of the Russian Federation ('A', outlook is 'stable') is higher than of some other countries, including the USA ('A-', outlook is 'stable').
Information Directorate, OAO Gazprom
__________________________________________________________________________
| Media +7 495 719-10-77 +7 495 719-49-37 +7 495 719-47-36 +7 495 719-28-01 [email protected] |
Investment Community +7 495 719-34-83 [email protected] |
This information is provided by RNS
The company news service from the London Stock Exchange
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