News: Mobile TeleSystems OAO (MBT)

MBT on New York Consolidated

19 Dec 2014
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Thu, Sep 18 2014

Fitch Puts Sistema, MTS, Bashneft & MTS Bank on Rating Watch Negative

(The following statement was released by the rating agency) MOSCOW/LONDON, September 18 (Fitch) Fitch Ratings has put the ratings of Sistema Joint Stock Financial Corporation (Sistema) and its subsidiaries OJSC Mobile TeleSystems (MTS), Joint Stock Oil Company Bashneft (Bashneft), and OJSC MTS Bank (MTS Bank) on Rating Watch Negative (RWN). The rating actions follow charges being levied against Vladimir Evtushenkov, the majority shareholder and Chairman of the Board of Directors of Sistema,

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