In 2016, both S&P Global and Moody’s confirmed MegaFon’s credit rating of the previous year. In late 2016-early 2017, the rating outlooks changed after the rating agencies revised their outlook for Russia’s sovereign credit rating:
MegaFon enjoys a rating equivalent to the sovereign credit rating, which enables it to borrow under the best conditions available on the market.
|Rating type||Rating||Rating outlook||Last review date|
|Standard & Poor's|
|Foreign currency long-term rating||BB+||Positive||21 March 2017|
|Local currency long-term rating||BBB-||Stable||20 September 2016|
|Long-term corporate credit rating||Ba1||Stable||21 February 2017|