OREANDA-NEWS. National Rating Agency has affirmed its ‘AA-’ credit rating on the Cyprus-based Goldstyle Holdings Limited.

 The rating benefits from the company’s high quality asset, robust and increasing cash flows from the lease of the Legenda BC office space, which serve as a reliable source of repayment for the company’s  loans and credit facilities, and the strong credit profile of the parent group that has willingness and capacity to provide financial and organizational support.

The rating is constrained by Russia’s adverse macroeconomic and geopolitical situation that may cause the company’s risks of the leased space decrease and operating performance deterioration to materialize.