Fitch Affirms Russia's Leningrad Region at 'BBB-'; Outlook Stable

(The following statement was released by the rating agency)

MOSCOW, November 25 (Fitch) Fitch Ratings has affirmed the

Russian Leningrad

Region's Long-Term Foreign and Local Currency Issuer Default

Ratings (IDRs) at

'BBB-', Short-Term Foreign Currency IDR at 'F3' and National

Long-Term Rating at

'AA+(rus)'. The Outlooks on the Long-Term IDRs and the National

Long-Term rating

are Stable.

The region's outstanding senior unsecured domestic bonds have

been affirmed

'BBB-' and 'AA+(rus)'.

The af

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