CREDIT RATING WITHDRAWAL RATIONALE
The credit rating of the series BO-11-002P (RU000A104925) bond issue of JSC Russian Agricultural Bank has been withdrawn due to the full redemption of this issue on December 12, 2024. Before the withdrawal, in accordance with ACRA’s methodology, an AA(RU) credit rating was affirmed to the bond issue, i.e. on par with the credit rating of JSC Russian Agricultural Bank. The rating has been withdrawn without its concurrent affirmation.
REGULATORY DISCLOSURE
The credit rating was previously assigned to the RU000A104925 bond issue of JSC Russian Agricultural Bank under the national scale for the Russian Federation based on the Methodology for Assigning Credit Ratings to Financial Instruments 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 the RU000A104925 bond issue of JSC Russian Agricultural Bank was published by ACRA for the first time on December 16, 2021.
The credit rating was assigned based on data provided by JSC Russian Agricultural Bank, information from publicly available sources, and ACRA’s own databases. The credit rating is solicited and JSC Russian Agricultural Bank participated in its assignment.
In assigning the credit rating, ACRA used only information, the quality and reliability of which were, in ACRA’s opinion, appropriate and sufficient to apply the methodologies.
ACRA provided additional services to JSC Russian Agricultural Bank. No conflicts of interest were discovered in the course of credit rating assignment.
