Powerboom Investments Limited's Credit Rating Affirmed
OREANDA-NEWS. National Rating Agency has affirmed its national scale credit rating on Powerboom Investments Limited (PIL) at 'A+'.
The rating affirmation reflects PIL's consistent ability to fulfill its obligations in full and in a timely manner, underpinned by its high financial strength, high-quality liquid assets generating a stable investment income, strong profitability metrics supporting its equity, as well as the high probability of obtaining the beneficiary's support in case of need.
The rating is constrained by the remaining dependence of PIL's operating results on the financial investment performance and the exposure to risks inherent in financial markets, including the currency risk, that may affect the company's financial results.
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