(The following statement was released by the rating agency) MOSCOW, September 11 (Fitch) Fitch Ratings has withdrawn Russian Ulyanovsk Region's Long-term foreign and local currency Issuer Default Ratings (IDRs) of 'B+' and National Long-term rating of 'A(rus)', both with Negative Outlooks, and its Short-term foreign currency IDR of 'B'. KEY RATING DRIVERS The ratings were withdrawn as the issuer has chosen to stop participating in the rating process. Therefore, Fitch will no longer have sufficient information to maintain the ratings. Accordingly, Fitch will no longer provide ratings or analytical coverage for the Ulyanovsk Region. RATING SENSITIVITIES Not applicable. Contact: Primary Analyst Elena Ozhegova Associate Director +7 495 956 99 01 Fitch Ratings CIS Ltd 26 Valovaya Street Moscow, 115054 Secondary Analyst Vladimir Redkin Senior Director +7 495 956 99 01 Committee Chairperson Guido Bach Senior Director +49 69 76 807 6111 Media Relations: Julia Belskaya von Tell, Moscow, Tel: +7 495 956 9908, Email: julia.belskayavontell@fitchratings.com; Peter Fitzpatrick, London, Tel: +44 20 3530 1103, Email: peter.fitzpatrick@fitchratings.com. Additional information is available on www.fitchratings.com. Applicable Criteria International Local and Regional Governments Rating Criteria (pub. 18 May 2015) https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=865254 Tax-Supported Rating Criteria (pub. 14 Aug 2012) https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=686015 Additional Disclosures Dodd-Frank Rating Information Disclosure Form Solicitation Status https://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=990701 Endorsement Policy ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.
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Fitch Withdraws Ulyanovsk Region's Ratings
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