S&P revises outlook on Moskovskaya ob''yedinennaya elektrosetevaya kompaniya OAO


Friday, 28 Mar 2014 05:10am EDT 

Moskovskaya ob''yedinennaya elektrosetevaya kompaniya OAO:Standard & Poor's Ratings Services (S&P) says that it had revised outlook on Russian state-owned electricity company Moskovskaya ob''yedinennaya elektrosetevaya kompaniya OAO (MOESK) to negative from stable.At the same time, S&P affirmed the BB long-term corporate credit rating and the ruAA Russia national scale rating on MOESK.The outlook revision follows a similar action on the Russian Federation.Ratings on MOESK reflect S&P unchanged view that there's a "moderate" likelihood that the Russian government, MOESK's ultimate owner, would provide timely and sufficient extraordinary support to MOESK in the event of financial distress.The negative outlook reflects that on Russia. 

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