Sberbank

Sberbank  / Statement/Miscellaneous

26.02.2015 10:16

Dissemination of a Regulatory Announcement, transmitted by EquityStory.RS, LLC - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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STATEMENT of the Material Fact 'On Change of the Rating of the Issuer by the Rating Agency under the Agreement with the Issuer'
1. General Information

1.1. Full company name of the issuer: Sberbank of Russia Open Joint-Stock Company

1.2. Short company name of the issuer: Sberbank of Russia
1.3. Location of the issuer: 19 Vavilova St., Moscow 117997
1.4. OGRN (Primary State Registration Number) of the issuer: 1027700132195
1.5. INN (Taxpayer Identification Number) of the issuer: 7707083893
1.6. The issuer's unique code assigned by the registering authority: 1481В
1.7. Internet pages used by the issuer to disclose information: www.sberbank.ru;
http://www.e-disclosure.ru/portal/company.aspx?id=3043
2. Contents of Statement

2.1. Subject of the rating change (issue-grade securities and/or their issuer): Sberbank of Russia (issuer)

2.2. Type of rating changed for the subject of rating assessment (credit rating, long-term credit rating, corporate governance rating, other): Long-Term Foreign Currency Deposit Rating;
Long-Term Local Currency Deposit Rating;

Short-Term Local Currency Deposit Rating;

Financial Strength Rating;

National Scale Rating.

2.3. If the subject of the rating change are issue-grade securities of the issuer, indicate the type, category, series and other identifying characteristics of such issue-grade securities: Not applicable
2.4. In case of a rating change, indicate the rating value before and after the change: Long-Term Foreign Currency Deposit Rating: rating value before the change - Ва1, after - Bа2 (negative outlook);
Long-Term Local Currency Deposit Rating: rating value before the change - Ваа3, after - Bа1 (negative outlook);

Short-Term Local Currency Deposit Rating: rating value before the change - Prime-3, after - Not Prime;

Financial Strength Rating: rating value before the change - D+, after - D (negative outlook);

National Scale Rating: rating value before the change - Aaa.ru, after - Aa1.ru.

2.5. Date of rating change. February 24, 2015

2.6. Brief description of the rating value or address of the Internet page with publicly available information about the methodology used for assigning the ratings: A description of the methodology used by the international rating agency to assign ratings is publicly available and is published on the website at www.moodys.com.

2.7. Full and short company names (name for a non-commercial entity), location, INN (if applicable), and OGRN (if applicable) of the entity which assigned the ratings (the rating agency). Full name:
Moody's Investors Service Ltd.

Short name: Moody's

Location: One Canada Square, Canary Wharf, London E14 5FA, United Kingdom
2.8. Other information about the ratings indicated at the discretion of the issuer: The rating agency also took the following rating actions:
Long-term rating assigned to the Medium-Term Note Program (MTN Program) for loan participations with the sole purpose of financing the loans granted to Sberbank of Russia: the value of the rating before the change - (P) Вaa3, after the change - (P) Ba1;

Short-term rating assigned to the Medium-Term Note Program (MTN Program) for loan participations with the sole purpose of financing the loans granted to Sberbank of Russia: the value of the rating before the change - (P) Prime-3, after the change - (P) Not-Prime;

Long-term ratings of issues of medium term notes for loan participations with the sole purpose of financing the loans granted to Sberbank of Russia (under the MTN Program): the value of the rating before the change - Вaa3, after the change - Ba1 (negative outlook).

Long-term rating of the issue of subordinated medium term notes for loan participations with the sole purpose of financing the loans granted to Sberbank of Russia (Series 12 under the MTN Program): the value of the rating before the change - Вa1, after the change - Ba2 (negative outlook).
3. Signature:

Deputy Chairman of the Executive Board, 

Sberbank of Russia      
Bella I. Zlatkis

February 25, 2015

L.S.

 


26.02.2015 The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:           English
Company:            Sberbank
                    19 Vavilova St.
                    117997 Moscow
                    Russia
Phone:              +7-495-957-57-21
Fax:                
E-mail:             media@sberbank.ru
Internet:           www.sberbank.ru
ISIN: US80585Y3080, RU0009029540, RU0009029557, US80585Y4070 Listed: Open Market (Entry Standard) in Frankfurt ; London,                     MICEX, RTS
Category Code:      MSC
TIDM:               SBER
Sequence Number:    2539
Time of Receipt:    Feb 26, 2015 09:45:31
 
End of Announcement EquityStory.RS, LLC News-Service  

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