Moody's Investors Service assigned a definitive senior unsecured B1 rating to the БО-01 and БО-02 series bonds (RUB 5 bln each) of New Forwarding Company's (a part of Globaltrans Group) with a positive outlook.
Also, the bonds were assigned Loss Given Default (LGD) assessment of LGD4/69%. The same provisional ratings were assigned on February 14, 2012
New Forwarding Company, JSC (a part of Globaltrans Group) is one of the leading independent companies in the Russian market of railway freight transportations. NFC, JSC holds the leading positions among private rolling stock operators in terms of transportations of metallurgy and mining industry products, bulk-oils and other cargoes.
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