credit rating withdrawal rationale

At the request of Trud JSC, ACRA has withdrawn its BB(RU) credit rating, outlook Stable, without its concurrent affirmation.

regulatory disclosure

The credit rating was previously assigned to Trud JSC under the national scale for the Russian Federation based on the Methodology for Credit Ratings Assignment to Non-Financial Corporations under the National Scale for 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 Trud JSC was published by ACRA for the first time on July 26, 2021.

ACRA provided no additional services to Trud JSC. No conflicts of interest were discovered in the course of credit rating assignment.

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