Polykandr Ltd Assigned National Scale ‘A+’ Credit Rating
Polykandr’s rating reflects its ownership of a high-quality asset (capable of generating a stable cash flow), sizeable equity that accounts for a considerable portion of total funding, strong 2014 profitability metrics and affiliation with one of Russia’s largest private-sector investment and production groups.
Offsetting these strengths are the company’s highly concentrated assets and income base and exposure to general macroeconomic risks, potentially affecting its operating performance.
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