August 1, 2018. Moscow, Russia.
PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY)
announces that Fitch Ratings Ltd. raised PJSC RusHydro’s long-term
foreign currency issuer default rating to ‘BBB-’ from ‘BB+’.
The rating agency affirmed the outlook at ‘Stable’.
Fitch Ratings’ analysts quoted the Company’s
solid financial and operational performance combined with high level
of government support and reduction of debt enabling upgrade of the
credit rating to investment grade.
The full report is available on Fitch Ratings’
website at: www.fitchratings.com, www.fitchratings.ru
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