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S&P trims RusNano ratings
Standard & Poor's said it lowered its long-term issuer credit rating on RusNano to BB from BB+ and affirmed the B short-term issuer credit rating.
The outlook is negative.
At the same time, S&P lowered the Russia national scale rating on RusNano to ruAA from ruAA+.
The rating actions follow the downgrade of the Russian Federation (foreign currency BBB-/negative/A-3; local currency BBB/negative/A-2; Russia national scale ruAAA) on April 25.
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