RUSSIA: MOODY'S ASSIGNS BA2 RATING TO KRAI OF KRASNOYARSK. IPR Strategic Business Information Database | December 20, 2007 | COPYRIGHT 2007 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

Moody's Investors Service today assigned an issuer rating of Ba2 (global scale, local currency) to the Krai of Krasnoyarsk, a central Siberian territory in Russia. The rating outlook is stable. At the same time, Moody's Interfax Rating Agency, which is majority-owned by Moody's, has assigned a Aa2.ru National Scale Rating (NSR) to Krasnoyarsk. According to Moody's, the ratings are driven by good fiscal performance, in particular rapid tax revenue growth underpinned by sustained economic growth, high federal transfers to improve regional infrastructure and a low debt ...

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