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Published on 7/2/2012 in the Prospect News Emerging Markets Daily.

S&P affirms Vologda

Standard & Poor's said it affirmed its B long-term issuer rating and ruA Russia national scale rating on Vologda Oblast.

At the same time, the agency said it affirmed its B and ruA issue ratings and the 3 recovery rating on the oblast's RUB2.51 billion bond.

All ratings were subsequently withdrawn at the company's request.


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