OREANDA-NEWS. 'Expert RA' rating agency assigned 'Reforma City' creditworthiness rating A, which means high credit solvency, the rating sublevel is three. The outlook is stable, which means high probability of maintaining the rating in the mid-term.

High liquidity as of September 30, 2013, and high capital adequacy, adjusted for the actual value of assets, had a positive impact on the Company rating.

The Agency's analysts highlight the high debt level and poor financial disclosures among the rating-restraining factors.