Fitch affirms AHML “BBB-” from “positive” Outlook

Fitch Ratings on 13 November 2017, affirmed the long-term Issuer default rating of JSC “Agency for housing mortgage lending” in foreign and national currency at level “BBB-” from “positive” Outlook and short-term IDR in foreign currency “F3”, according to a press release from the Agency.

In addition, Fitch affirmed the senior unsecured debt rating of AHML “BBB-” and assigned a rating of “BBB-” to two bond issues of AHML in the amount of 5 billion rubles each maturing in 2050 (ISIN RU000A0ZYF20 and RU000A0ZYF38). Bond ratings are at the same level from the IDR of the seller, based on the fact that the bonds constitute senior unsecured debt of the Agency. Bonds are equal to the order of execution of existing and future unsecured subordinirovannyh obligations of the seller, said Fitch.

Fitch affirms AHML “BBB-” from “positive” Outlook 15.11.2017

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