OREANDA-NEWS. Public Joint Stock Company "Inter RAO UES" ("Inter RAO", "Company", ticker on MOEX: IRAO), the largest diversified utilities holding in Russia, announces that on October 20, 2016 Independent rating agency Fitch Ratings (Fitch Ratings CIS Ltd.) has assigned Inter RAO Long-term foreign currency Issuer Default Rating (IDR) at 'BBB-' on the International Credit Rating Scale with a Stable Outlook.

Fitch Ratings has also assigned Inter RAO National Long-term rating at "AA+(rus)" on the National Credit Rating Scale with a Stable Outlook.

Previously Credit Ratings were issued by Fitch Ratings on March 15, 2012 and were revised on March 14, 2013 and March 20, 2014 on the Long-term foreign currency Issuer Default Rating (IDR) at 'BB+' on the International Credit Rating Scale and National Long-term rating at "AA(rus)" on the National Credit Rating Scale with Stable Outlooks.

On June 09, 2016 Fitch Ratings had assigned Inter RAO Long-term foreign currency Issuer Default Rating (IDR) at 'BBB-' on the International Credit Rating Scale with a Negative Outlook  and Inter RAO National Long-term rating at "AA+(rus)" on the National Credit Rating Scale with a Stable Outlook.

Inter RAO is a diversified utilities holding headquartered in Moscow and managing assets in different countries. The company produces and sells electric energy and heat, trades energy on the international market, and engineers, designs and builds generating assets. Inter RAO Group owns and operates approximately 32 GW of installed power generating capacity. Inter RAO corporate strategy is focused on making the company a global energy enterprise and a key player in the international energy market.