Expert RA Assigns Innovation Development Centre Credit Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) assigned to Innovation Development Centre the long-term credit rating A (“High level of creditworthiness"), the second sub-level. The rating outlook is stable, which means the likelihood of mid term rating stability is high.
Positive influence on the credit rating of Innovation Development Centre was exerted by the high liquidity level, moderately high level of capital adequacy, high level of insurance cover and low level of foreign exchange risks.
Among the rating score level restraining factors the Agency highlighted potentially high level of debt burden, free collateral value reduction and low level of debt obligations diversification.
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