Anyone who has invested on the basis of a debt rating has not yet explored Russian options.

Moody’s Investors Service, an international credit rating agency, is preparing to withdraw the rating of all Russian companies, according to a statement from Moody’s Corp. TASZSZ Russian news agency quoted on Friday.

Moody’s announced in early March that it would suspend trading in Russia. The other two major international credit rating agencies, Fitch Ratings and S&P Global Ratings, said they would no longer give companies a debt rating in line with international sanctions against Russia.

In recent weeks, credit rating agencies have divided the Russian state into a near-bankruptcy rating category, so anyone investing based on a debt rating is no longer looking for Russian targets. On the other hand, the foreign relations of the Russian economy have greatly weakened as a result of the sanctions, which makes investment technically (and sometimes legal) impossible.




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