Business · Markets · 2 days ago
Moscow Exchange to move Samolet bonds to lower listing tier
The Moscow Exchange will move 15 bond issues from property group Samolet to its third listing tier on October 13.
Eleven issues are currently in the first tier and four are in the second.
The exchange said Samolet does not meet the requirement for credit ratings from at least two agencies.
The first two tiers form the exchange’s quotation list, while the third tier is outside it and has different requirements.
On October 8, rating agency ACRA lowered Samolet’s rating and the ratings on its bonds to BBB(RU), with a negative outlook.
ACRA cited a weaker assessment of the company’s finances, including its debt burden, ability to cover interest payments, liquidity and profitability.
The change matters because the exchange’s listing tiers reflect different levels of issuer reliability and standards for securities.
Moscow Exchange will move Samolet’s bonds to the third listing tier on October 13.
The change affects 15 bond issues: 11 currently in the first tier and four in the second.
The exchange said the move is because Samolet does not meet the requirement to have credit ratings from at least two agencies.
The third tier is non-quoted, while the first two tiers make up the quotation list.
On October 8, ACRA lowered Samolet’s credit rating to BBB(RU) and changed its outlook to negative.
- Who
- Moscow Exchange and Samolet.
- What
- The exchange will move 15 Samolet bond issues to the third listing tier.
- When
- The move is scheduled for October 13. The article was published on October 9, 2026.
- Where
- Moscow Exchange.
- Why
- Samolet did not meet the requirement to have credit ratings from at least two agencies.
This story does not have two clearly opposing sides.
The company has repaid about 40% of its debt to advertising agencies.
The group promised to fulfill all financial obligations to partners.
Vedomosti reported that advertising agencies had filed three claims seeking more than 1 billion rubles from a Samolet legal entity.
ACRA lowered the credit rating of Samolet and its bonds to BBB(RU) and changed the outlook to negative.
Vedomosti reported that Moscow Exchange would move Samolet bonds to the third listing tier.
Moscow Exchange is scheduled to move the bonds to the third tier.
- Bond issues moved from first tier
- 11
- Bond issues moved from second tier
- 4
- New listing tier
- Third, non-quoted
- ACRA rating
- BBB(RU), with a negative outlook
- Claims by advertising agencies
- Three claims seeking more than 1 billion rubles
Sources
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