Fitch: Moscow Integrated Power view to positive

Fitch Ratings said it changed the outlook for Moscow Integrated Power Co. to positive from stable and affirmed its long-term foreign-currency issuer default rating at BB+, short-term foreign-currency issuer default rating at B, long-term national rating at AA(rus) and short-term national rating at F1+(rus).

The ratings are linked to those of the City of Moscow, its major shareholder, and reflect strong operational and strategic ties with the city, Fitch said.

The outlook change follows the outlook revision for Moscow to positive from stable, the agency added.

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