ACRA withdraws credit rating on the Perm Krai due to the contract termination

ACRA has withdrawn its credit rating AA-(RU), outlook Positive, on the Perm Krai. The rating has been withdrawn as the Government of the Perm Krai has chosen to stop participating in the rating process. The rating has been withdrawn without prior affirmation, as ACRA has no sufficient information on the financial status of the Perm Krai.

Regulatory disclosure

The credit rating was assigned to the Perm Krai under the national scale for the Russian Federation based on the Methodology for Credit Ratings Assignment to Regional and Municipal Authorities of the Russian Federation and the Key Concepts Used by the Analytical Credit Rating Agency within the Scope of Its Rating Activities.

The credit rating of the Perm Krai was first published by ACRA on December 4, 2017. The credit rating was withdrawn on August 27, 2018.

ACRA provided no additional services to the Government of the Perm Krai. No conflicts of interest were discovered in the course of credit rating process.

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