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S&P Global Ratings To Withdraw Ratings On Russian Entities

S&P GLOBAL RATINGS (March 21, 2022)--On March 9, 2022, S&P Global Ratings announced the suspension of its commercial operations in Russia. Following that, on March 15, 2022, the European Union (EU) announced a ban on providing credit ratings to legal persons, entities, or bodies established in Russia. In light of this, S&P Global Ratings will withdraw all of its outstanding ratings on relevant issuers before April 15, 2022, the deadline imposed by the EU.

This report does not constitute a rating action.

Media Contacts:Michelle James, London + 44 (20) 71761297;
michelle.james@spglobal.com
Arnaud Humblot, London + 44 20 7176 6685;
Arnaud.Humblot@spglobal.com

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