London, 25 March 2015 -- Moody's Investors Service has today confirmed the Ba2 corporate family rating (CFR) and Ba2-PD probability of default rating (PDR) of five electricity distribution grid subsidiaries of JSC ROSSETI (Rosseti) (Ba2 negative): MOESK, OJSC, Lenenergo, JSC, IDGC of Center and Volga Region, JSC, IDGC of Volga JSC and IDGC of Urals, JSC. The outlook on all the ratings is negative. The actions conclude the review for downgrade for these companies initiated by Moody's on 23 December 2014.
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