​Moody’s upgrades X5’s credit rating to "Ba3"​

Amsterdam, 2 July 2015

X5 Retail Group ("X5" or "the Company"), a leading Russian food retailer, announced today that the rating agency Moody’s Investors Service (“Moody’s”) upgraded the Company’s credit rating (corporate family rating – CFR) to Ba3 from B1. The outlook on the rating is stable.

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