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angle-left null Fitch Ratings Agency upgrades credit rating outlook for JSC TransContainer
25.01.2010

Fitch Ratings Agency upgrades credit rating outlook for JSC TransContainer

On January 22, 2010, the Fitch Ratings international rating agency affirmed the ratings of JSC TransContainer – long-term IDR (issuer default rating) in foreign currency at BB + (outlook revised from negative to stable), long-term IDR in national currency at BB + (outlook revised from “negative” to “stable”), short-term IDR in foreign currency at B, short-term IDR in national currency at B, priority unsecured debt rating at BB+, long-term national rating at AA (Rus) – outlook was changed to “stable" from “negative.”

This decision followed similar changes in relation to the sovereign rating of the Russian Federation. In its comment, the agency also notes the strong strategic and operational ties of JSC TransContainer with its parent company, JSCo RZD.