Expert RA assigned the expected credit rating to the bonds of the PBO-02-02 series planned for issue by JSC ER-Telecom Holding,

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AK&M 23 September 2022 17:17

On September 23, 2022, the Expert RA rating agency assigned the expected credit rating to the bonds of the PBO-02-02 series planned for issue by ER-Telecom Holding JSC at the ruBBB+ (EXP) level. This is stated in the agency's message.

Possible additional adjustments for subordination, collateral and surety are not provided for this issue, in connection with which the agency establishes parity between the current rating of the issuer of JSC ER-Telecom Holding (ruBBB+, positive.) and bonds of the PBO-02-02 series.

JSC ER-Telecom Holding is one of the largest operators of telecommunication services in Russia. The company specializes in providing broadband Internet access and paid cable TV services.