S&P Global Ratings on July 27 revised the outlook on Russia-based Mkb-Leasing OOO to negative from stable and affirmed the long- and short-term issuer credit ratings at B-/B.
The negative outlook reflects a rating action on the leasing company's parent Region Investment, whose outlook was changed to negative on July 27. S&P said if it lowers the rating on Region Investment, a similar action will be taken on Mkb-Leasing because it does not consider the unit insulated from its parent.
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