Press Releases / 10.01.2017

Press Release as of 10.01.2017

Baltic Coast

AK&M Rating Agency has withdrawn the 'D' national scale credit rating of Baltic Coast (CJSC) due to the rating contract expiration and the Company's refusal to have the rating updated.

AK&M Rating Agency assigned a credit rating to Baltic Coast (CJSC) for the first time on May 27, 2011. The last rating action in relation to the Company was taken on December 18, 2015. All rating action announcements are published on the website.

The rating, along with any information and conclusions provided in this press release, only conveys our creditworthiness opinion and shall not be construed as a recommendation to purchase or sell securities, or to lend funds.


AK&M Rating Agency shall not be held liable for any interpretations, inferences and consequences related to the application of results of the rating estimation procedure by any third parties.


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.