12.05.2016, 09:32
NRA's Credit Rating on Reserve Trust Company Withdrawn
OREANDA-NEWS. National Rating Agency has withdrawn its credit rating on Reserve Trust Company CJSC (RTC) due to expiry of the contract. The company has been assigned an exit rating of 'D'. RTC got NRA's first-time 'BBB+' credit rating on May 30, 2012. The latest rating action on RTC (the credit rating downgrade to 'D' following placement on Watchlist Indefinite on Jan. 21, 2016 and downgrade to 'C+' on Jan. 26, 2016) dates Feb. 8, 2016.
RTC offers a full range of project services, from project identification to completion. The company has been working on a number of investment projects, financing them through bond issuance on behalf of developers and taking stakes in those projects. In this way, RTC has been attracting professional investors' funds for long-term investments, acting not only as an intermediary, but also as a controller and a developer.
NRA's analytical products, including ratings and the contents of this press release, are statements of NRA's independent opinion as of the date they are expressed and not statements of fact or recommendations to make any investment decisions or conduct any stock market transactions. NRA is not responsible for any results obtained from the use of opinions and/or information contained in this press release.
While NRA has obtained information from sources it believes to be reliable, NRA does not guarantee that this information is perfectly correct, complete and accurate, as it does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.
RTC offers a full range of project services, from project identification to completion. The company has been working on a number of investment projects, financing them through bond issuance on behalf of developers and taking stakes in those projects. In this way, RTC has been attracting professional investors' funds for long-term investments, acting not only as an intermediary, but also as a controller and a developer.
NRA's analytical products, including ratings and the contents of this press release, are statements of NRA's independent opinion as of the date they are expressed and not statements of fact or recommendations to make any investment decisions or conduct any stock market transactions. NRA is not responsible for any results obtained from the use of opinions and/or information contained in this press release.
While NRA has obtained information from sources it believes to be reliable, NRA does not guarantee that this information is perfectly correct, complete and accurate, as it does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.
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