Fitch has withdrawn the ratings of the Nizhny Novgorod




International rating Agency Fitch Ratings June 16, 2017 withdrew the ratings of the city of Nizhny Novgorod: long-term Issuer default rating in foreign and national currency at level “BB-” with stable Outlook and short-term IDR in foreign currency “B”.

“Fitch has withdrawn the ratings of the Nizhniy Novgorod for commercial reasons and due to insufficient information. Because Fitch does not have sufficient information to maintain ratings, the Agency withdrew the ratings of the city without confirmation and not the rating of the Issuer and does not perform an analysis on it”, – reads the statement of the Agency.



Fitch has withdrawn the ratings of the Nizhny Novgorod 19.06.2017

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