London, 15 April 2015 -- Moody's Investors Service, (Moody's) has today confirmed Raspadskaya, OAO's (Raspadskaya) B2 corporate family rating (CFR) and B2-PD probability of default rating (PDR). Concurrently, Moody's has confirmed the B2 rating (with a loss-given-default (LGD) assessment of LGD4, 50%) on the senior unsecured debt issued by Raspadskaya Securities Ltd., a limited liability company incorporated in Ireland , and its PDR at B2-PD. The outlook on the ratings is stable. This concludes the review for downgrade initiated by Moody's on 23 December 2014.

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