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S&P: Russia-Based National Factoring Co. 'B/C' And 'ruBBB+' Ratings Affirmed; Off Watch; Outlook Negative

August 12, 2016 | Cbonds

S&P Global Ratings said today that it had affirmed its 'B' long-term and 'C' short-term counterparty credit ratings and 'ruBBB+' Russia national scale rating on National Factoring Co. (NFC) The outlook is negative.

At the same time, we removed the 'B' long-term global scale and the 'ruBBB+' national scale ratings from CreditWatch with negative implications, where we had placed them on May 13, 2016.

Company: National Factoring Company

Full company name
Country of riskRussia
Country of registrationRussia
IndustryBanks

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