credit rating withdrawal rationale
The credit rating of the series 001Р-01 (RU000A0ZYEQ9) bond issued by Setl Group, Ltd has been withdrawn due to the full redemption of this issue on October 27, 2022. Before the withdrawal, in accordance with ACRA’s methodology, an A(RU) credit rating was affirmed to the bond, i.e. on par with the credit rating of Setl Group, Ltd. The rating has been withdrawn without its concurrent affirmation.
regulatory disclosure
The credit rating was previously assigned to the series 001Р-01 (RU000A0ZYEQ9) bond issued by Setl Group, Ltd under the national scale for the Russian Federation based on the Methodology for Assigning Credit Ratings to Individual Issues of Financial Instruments on the National Scale of the Russian Federation and the Key Concepts Used by the Analytical Credit Rating Agency Within the Scope of Its Rating Activities.
The credit rating of the series 001Р-01 (RU000A0ZYEQ9) bond issued by Setl Group, Ltd was published by ACRA for the first time on November 2, 2017.
ACRA provided no additional services to Setl Group, Ltd. No conflicts of interest were discovered in the course of credit rating assignment.
