OREANDA-NEWS. 'Expert RA' rating agency confirmed 'GPB GlobalResources' creditworthiness rating А+, the third rating sub-level, the stable outlook.

High probability of the owner's support and good financial standing of the key investment item have a positive impact on the Company rating. The Company also has high capital adequacy and the high share of receivables in assets. High profitability in 2012, moderately high capital adequacy, the low share of receivables and payables in the balance sheet structure as of June 30, 2013, significant increase in assets and low currency risks are typical of 'GPB GlobalResources'.

The high share of one counterparty in payables as of June 30, 2013, and inadequate financial disclosures were highlighted among the rating-restraining factors. In addition, the high debt level and low liquidity restrained the Company rating.