OREANDA-NEWS. July 21, 2010. Veles Capital released daily market review:

Rating forecast of System has been upped. Standard & Poor’s rating service revised the forecast on ratings of Russian operating holding company AFK Systema from “Negative” to “Stable” and confirmed its long-term credit rating at the level “BB”. “Forecast revision and confirmation of rating were provided by the fact that according to the opinion Standard & Poor’s the financial profile of the company will not worsen to the level, which we might have estimated as not appropriate to the rating category “BB”, - announced the credit analyst of Standard & Poor’s Alexander Gryaznov.