RAEX Confirms LiKo Leasing Company Credit Rating RAEX Confirms LiKo Le
OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed LiKo Leasing Company credit rating A, which means "High level of creditworthiness" and changed the rating outlook from stable to negative. Negative outlook means the likelihood of mid term rating downgrade is high.
Key factor exerting positive influence on the rating is high probability of support of the Company by the ultimate owner.
Main factors restraining the rating level are low level of capital adequacy, high burden of delinquent payments and extremely low level of diversification of the leasing portfolio by clients.
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