Fitch changes State Transport to positive

Fitch Ratings said it affirmed the long-term issuer-default ratings of PJSC State Transport Leasing Co. and JSC Rosagroleasing at BB.

The outlook on State Transport’s ratings was revised to positive from stable.

The outlook on Rosagroleasing is stable.

Fitch said the outlook revision on State Transport reflects its expectation of a strengthening of the government's ability to provide support, as reflected in the positive outlook on the Russian sovereign ratings.

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