Press Releases / 26.07.2016
Press Release as of 26.07.2016
Empire Trust JSC
AK&M Rating Agency has withdrawn the ‘B+’ credit rating assigned to the 'Income Mortgage 2' mortgage participation certificates, with a stable outlook, due to the Customer’s refusal to have the rating updated.
AK&M Rating Agency cannot affirm or revise the credit rating of the 'Income Mortgage 2' mortgage participation certificates at the moment of withdrawal due to the Customer’s (JSC Empire Trust) refusal to provide information required for the rating analysis.
AK&M Rating Agency assigned a credit rating to the 'Income Mortgage 2' mortgage participation certificates for the first time on July 14, 2015, which was the only rating action in relation to this instrument. All rating action announcements are available on the akmrating.ru website.
AK&M Rating Agency is a leading independent national rating agency engaged in rating activities since 1993.
AK&M Rating Agency
Ul. Gubkina 3, Moscow, Russia
Phone no.: (495) 916-70-30, fax no.: (499) 132-69-18.