S&P confirmed the rating of “MOESK” at the level “BB”

S&P Global Ratings February 8, 2018, affirmed long-term credit rating of PJSC “Moscow United electric grid company” (MOESK) at the level “BB”. The forecast — “stable”.

“The rating affirmation reflects the expected gradual improvement in operating performance MOESK in the next few years due to the steady growth of tariffs in accordance with inflation and the company’s ability to control the level of costs and expected financial performance of the company in respect of dividends and liquidity, while liquidity is at least adequate.”, – stated in the message Agency.

S&P confirmed the rating of “MOESK” at the level “BB” 08.02.2018

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