OREANDA-NEWS. Standard & Poor's Ratings Services said today that it has placed on CreditWatch with positive implications its 'BBB-' credit rating on the class A RUR13,729.75 million secured fixed-rate notes issued by Red Arrow International Leasing PLC.
 
Today's rating action follows the recent CreditWatch positive placement of seven Russia-based government-related entities (GREs) in the energy, transport, and financial sectors.

The Russian government has been proactive in strengthening the position of a number of GREs, resulting in some having gained potential benefits and privileged positions. As a result, a review of government influence on GREs in Russia has been undertaken.