Withdrawal of Standard &Poor’s Corporate Credit Rating
21 December 2017, Moscow, Russia. Detsky mir PJSC (the “Company” or “Detsky Mir”), Russia’s largest specialised children’s goods retailer, announces that at the request of the Company, Standard & Poor’s corporate credit rating was withdrawn. Detsky Mir made the decision in connection with the absence of necessity to maintain the international corporate credit rating and the debt market reorientation to Russian ratings under Federal Law No. 222-FZ.
For additional information:
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Nadezhda Kiseleva Head of Public Relations Office: +7-495-781-0808, ext. 2041 Cell: +7-985-992-7857
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Sergey Levitskiy Head of Investor Relations Office: +7-495-781-0808 ext. 2315
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