Expert RA has confirmed the credit rating of a number of debt instruments of AFK Sistema

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AK&M 03 December 2021 17:57

On December 3, 2021, the Expert RA rating agency confirmed the credit rating of Sistema's debt instruments at the ruAA level: 001P-16 series of bonds (issue volume – 5 billion rubles), 001P-17 (issue volume – 14 billion rubles), 001P-23 (issue volume – 5 billion rubles).

According to these issues, there are no possible adjustments for subordination, security and surety, in connection with which the agency establishes parity between the current rating of the issuer of PJSC AFK Sistema (ruAA-, pos.) and bonds of series 001P-16, 001P-17, 001P-23.

PJSC AFK Sistema is a corporation that owns and manages stakes in companies. Currently, Sistema's asset portfolio consists of controlling stakes in MTS, Medsi Group, Segezha Group, Business-Real Estate, BESK, Step Agroholding, Binnopharm Group, Sitronics, etc.