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Moody's places Rossiyskiye zheleznye dorogi OAO rating on review for downgrade


Tuesday, 1 Apr 2014 10:41am EDT 

Rossiyskiye zheleznye dorogi OAO:Moody's Investors Service (Moody's) has placed on review for downgrade the Baa1 senior unsecured issuer rating of the Government-related Issuer (GRI) Rossiyskiye zheleznye dorogi OAO (Russian Railways).Concurrently, Moody's has placed on review for downgrade the Baa2 senior unsecured issuer rating of Federal Passenger Company OJSC, a wholly owned subsidiary of Russian Railways.These rating actions follow Moody's placement of Russia's Baa1 government bond rating on review for downgrade on March 28.The placement of Russian Railways' rating on review for downgrade reflects Moody's view that Russian Railways has linkages with the government and the company's rating remains constrained by that of the sovereign. 

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9:34am EDT