​​Moody’s upgrades X5’s credit rating to "B1"​

Amsterdam, 20 April 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 B1 from B2. The outlook on the rating is stable.