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MRSK Tsentra OAO : International Rating Agency Standard&Poor's affirmed the credit rating of IDGC of Centre at the current level

06/20/2012| 01:07pm US/Eastern
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20.06.12

Rating Agency Standard&Poor's issued a report which affirmed the long-term credit rating of IDGC of Centre on the international scale at 'BB-', Outlook - Stable, short-term credit rating at 'B' and national scale rating - at ruAA-.

In the report Standard&Poor's noted strengths of the Company: the dominant position at the power transmission market in 11 regions of the Central Federal District of Russia, on the territory of which IDGC of Centre operates; generation of a stable cash flow from operating activities; moderate policy to attract leverage resources, as well as the possibility of obtaining government support in case of crises in the economy.

IDGC of Centre - one of the few companies in the distribution grid complex, which received the credit rating from an international rating agency. Standard&Poor's assigned the credit rating to IDGC of Centre in November 2009.

The full version of the report can be found on Standard&Poor's web-site: www.standardandpoors.com/ratingsdirect

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