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Moody’s Downgrades Acron’s Credit Rating to «Caa2»

Moody’s Investors Service downgraded Acron's Long-term Corporate Family Ratings (Foreign) from ‘Ba3’ to 'Caa2' and Probability of Default rating from ‘Ba3-PD’ to ‘Caa2-PD’ following the agency’s downgrade of Russia's sovereign ratings. The outlook on all the ratings is negative.