RAEX Confirms GPB High Technology Credit Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed GPB High Technology credit (long-term creditworthiness) rating A ("High level of creditworthiness"), the first sub-level with the stable outlook.
The rating was positively influenced by high probability of financial support from the owner, high level of financial performance of investment objects, low currency risks and low shares of accounts payable and receivable in the assets structure.
Business loss ratio, negative value and negative dynamics of equity, medium high level of debt burden and limited availability of pledge financing were highlighted as factors restraining the rating score.
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