S&P downgraded the rating of AFK “Sistema” from “BB” to “BB-“




S&P Global Ratings 8 September 2017 downgraded the corporate credit rating of AFK “Sistema” from “BB” to “BB-“. The rating remains in the CreditWatch with “negative” Outlook.

The rating of Eurobonds of $500 million was also downgraded from “BB” to “BB -” rating saved CreditWatch with “negative” Outlook.

The company’s ratings were placed on CreditWatch on July 18, 2017.



S&P downgraded the rating of AFK “Sistema” from “BB” to “BB-” 11.09.2017

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