Dagong Global Credit Rating Company Limited (Dagong), China's biggest independent rating agency assigned today the highest credit rating to Gazprom – 'AAA' with a 'stable' outlook.
The agency named strong fundamentals and a high level of financial solvency among the criteria for assigning the highest rating to Gazprom. They provide for the assurance in Gazprom's fulfilling all its financial obligations, the Company's firm market position, its importance for the Russian economy as well as a high level of social responsibility of Gazprom's business.
The assigned credit rating will expand the scope of investments from Asia-Pacific into Gazprom's debt financial instruments, including pension funds, insurance companies, investment funds and banks as well as increase the Asian investors' loyalty to the Company.
