Expert Assigns RA LIDIOMO Creditworthiness Rating
OREANDA-NEWS. 'Expert RA' rating agency assigned 'LIDIOMO' creditworthiness rating A, the second rating sub-level. The outlook is stable, which means high probability of maintaining the rating in the mid-term.
High quality of the purchased assets - shares in the company included in the list of Russia's major companies, Expert 400, in 2013, and the list of systemically important enterprises - had a positive impact on the rating. The Agency's analysts estimated the long-term nature of the loan raised for entering into the transaction positively, because its conditions envisage a rather long grace period. The high risk management level and low currency risks were also typical of the Company.
Concentration of the Company's long-term financial investments in one issuer and the Company's high market risk exposure, high planned debt level, low diversification of raised debt instruments restrained the Company rating. The high share of pledged property and the low level of financial disclosures were also highlighted among the rating-restraining factors.
Комментарии