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Moody's rates Acron bonds A1.ru
Moody's Interfax Rating Agency said it assigned an A1.ru national scale rating to the issuance of three-year domestic 9.75% bonds totaling RUB 5 billion by JSC Acron.
Acron will use the proceeds from the bonds placement to refinance its existing short-term debt.
The outlook is stable.
Moody's Interfax said the assignment follows Moody's Investors Service's Oct. 18 assignment of a definitive B1 global scale bond rating to the company.
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