Press Releases / 05.07.2017

Press Release as of 05.07.2017

Nonprofit institution "Sevastopol Guarantee Fund'

AK&M Rating Agency has withdrawn the 'B++' sub-level 3 guarantee institution rating of the nonprofit institution "Sevastopol Guarantee Fund", with a stable outlook, due to expiration of the rating contract and the fund's refusal to have

AK&M Rating Agency assigned a guarantee institution rating to nonprofit organization Sevastopol Guarantee Fund for the first time on July 5, 2016. All rating action announcements are available 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.