OREANDA-NEWS. 'Expert RA' rating agency assigned 'Atherasa Holding' creditworthiness rating A, which means high credit solvency, the third rating sub-level. The outlook is stable, which means high probability of maintaining the rating in the mid-term.

The high purchased asset quality had a positive impact on the rating. The company, the shares in which were purchased in the transaction, was listed among Russia's major companies, in Expert 400 rating, in 2013, and among systemic enterprises. The forecasted improvement of the acquiree's performance and the long-term loan raised for entering into the transaction under conditions that envisage a significant grace period had a positive impact on the rating. The experts also highlighted excellent risk management and low currency risks.

The Agency's analysts highlight concentration of the Company's long-term financial investments on one issuer and the Company's high exposure to the market risk, the high planned debt-to-capital ratio, low diversification of raised debt instruments as the rating-restraining factors. The high share of pledged property and low financial disclosures are also highlighted by the Agency's analysts.