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2010 April 19   14:27

Moody revokes its Ba1 rating of Sochi

An International rating agency Moody's Investors Service announced today, 19 April it is withdrawing the Ba1 rating of the issuer of debt instruments in national currency. Earlier, Moody’s rated Sochi Ba1 ‘stable’ on July 2, 2007. The agency did not go into details over the decision.

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