14 Feb 2019 08:57
Moody's Investor Service Gazprom rating upgrade
On 12 February 2019, Moody's Investor Service announced that it has raised by one notch Gazprom's long-term issuer rating from Baa3 (positive outlook) to Baa2 (stable outlook). The rating action followed an upgrade of Russia's sovereign credit ratings to Baa3 (stable outlook) on 8 February 2019.
This upgrade continued the sequence of positive rating actions by leading international agencies, such as Fitch Ratings and S&P Global Ratings, and Russia-based Analytical Credit Rating Agency (ACRA).
Gazprom's ratings from the Top-3 international rating agencies, Fitch Ratings, Moody's Investors Service and S&P Global Ratings, are all investment grade.
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