Expected credit rating rationale. In ACRA’s opinion, the bond issue of the Novosibirsk Region listed below is a senior unsecured debt instrument, the expected credit rating of which corresponds to the credit rating of the Novosibirsk Region and is set at eAA(RU).
KEY ISSUE PROPERTIES
|
Issue volume |
RUB 22.5 bln |
|
ISIN/Registration number |
-/RU34027ANO0 |
|
Placement start date |
November 18, 2025 |
|
Maturity date |
October 13, 2029 |
Source: issuer’s data
REGULATORY DISCLOSURE
The expected credit rating has been assigned to the bond issue (RU34027ANO0) of the Novosibirsk Region based on the following methodologies: the Methodology for Assigning Credit Ratings to Issues of Financial Instruments on the National Scale for the Russian Federation to determine the expected credit rating of the bond issue under the national scale for the Russian Federation; the Key Concepts Used by the Analytical Credit Rating Agency Within the Scope of Its Rating Activities to ensure consistent and uniform application of ACRA’s methodologies, models, and key rating assumptions.
The expected credit rating of the bond issue (RU34027ANO0) under the national scale for the Russian Federation has been published for the first time.
The next rating action is expected within 182 days following the publication date of this press release.
ACRA will assign a credit rating to the bond issue (RU34027ANO0) after the final documentation is provided. In case of any significant discrepancies between the final documentation and the preliminary materials, ACRA may change the issue’s credit rating against the expected credit rating.
The expected credit rating is assigned based on data provided by the Novosibirsk Region, information from public sources (the Ministry of Finance of the Russian Federation, Rosstat, and the Federal Tax Service), as well as ACRA’s own databases.
The expected credit rating is solicited and the Novosibirsk Region participated in its assignment.
In assigning the expected 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 no additional services to the Novosibirsk Region during the year preceding the rating action.
No conflicts of interest were discovered in the course of expected credit rating assignment.
