Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00
Provider: ValuEngine, Inc.
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Moody's places Gazprom OAO, NK Rosneft' OAO and Gazprom neft' OAO ratings on review for downgrade


Tuesday, 1 Apr 2014 10:21am EDT 

Gazprom OAO:Moody's Investors Service (Moody's) has placed on review for downgrade the Baa1 ratings of the Government-related Issuers (GRI) Gazprom and NK Rosneft' OAO (Rosneft), and the Baa1 ratings of their respective guaranteed debt-issuing subsidiaries.Concurrently, Moody's has placed on review for downgrade the Baa2 ratings of Gazprom neft' OAO, a subsidiary of Gazprom, and Baa1 ratings of Rosneft International Holdings Limited (RIHL), a subsidiary of Rosneft, and the respective ratings of their guaranteed debt-issuing subsidiaries.Gazprom's Prime-2 short-term rating is not affected by this review and remains unchanged.These rating actions follow Moody's placement of Russia's Baa1 government bond rating on review for downgrade on March 28.The placement of Gazprom's and Rosneft's ratings on review for downgrade reflects Moody's view that the ratings of the companies are closely aligned with that of the sovereign, and that they remain sensitive to changes in sovereign creditworthiness.The placement of Gazprom Neft's Baa2 and RIHL's Baa1 senior unsecured issuer ratings on review for downgrade reflects these companies' close operating and financial linkage with their respective parents' ratings.Moody's expects that the ratings of Gazprom and Rosneft will not differ from the rating of the sovereign at the end of the rating review, and that their subsidiaries' ratings will maintain their current positioning relative to their respective parents. 

Company Quote

157.0
2.0 +1.29%
21 Nov 2014