OREANDA-NEWS. National Rating Agency has withdrawn its credit rating on 250 Concrete Goods Factory CJSC (250 CGF) due to expiry of the contract. The withdrawn rating has not been affirmed in accordance with Article 12, Clause 5, of Federal Law # 222-FZ ‘On the Activities of Credit Rating Agencies in the RF’, as NRA has not, over the past 90 days, been provided sufficient information, needed to apply its methodology and adequately assess all factors and events impacting the company’s risk profile. 250 CGF was assigned NRA’s first-time credit rating of ‘A+’ on May 29, 2014. The latest rating action (the ‘A+’ credit rating affirmation with a stable outlook) was on July 6, 2015.

NRA’s analytical products, including ratings and the contents of this press release, are statements of NRA’s independent opinion as of the date they are expressed and not statements of fact or recommendations to make any investment decisions or conduct any stock market transactions. NRA is not responsible for any results obtained from the use of opinions and/or information contained in this press release.

While NRA has obtained information from sources it believes to be reliable, NRA does not guarantee that this information is perfectly correct, complete and accurate, as it does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.