SOYUZ IFC’s Credit Rating Affirmed at ‘BBB+’, Taken Off Watchlist
OREANDA-NEWS. National Rating Agency has affirmed its ‘BBB+’ credit rating on SOYUZ Investment and Financial Company PJSC (SOYUZ IFC) and revised its rating outlook to Stable from Indefinite. The company was assigned NRA’s first-time credit rating of ‘BBB+’ on July 19, 2013. The latest rating action on SOYUZ IFC (the credit rating placement on Watchlist with indefinite implications) was on June 23, 2016.
Founded in 2008, SOYUZ IFC is an investment and financial services company, whose key area of expertise since 2011 has been investing in regional infrastructure projects in Russia. Securities trading remains the company’s another important business. SOYUZ IFC selects investment projects basing on the government's social policy priorities with regard to regional infrastructure needs, giving preference to projects with high social importance for the regions. The users of its social infrastructure projects are Russian regional administrations. To secure invested capital from loss, SOYUZ IFC finances its PPP projects using both the social concession arrangements, in which the government refunds 100% of investment, and schemes containing a “commercial component”.
Комментарии