OREANDA-NEWS. National Rating Agency has assigned its 'BBB+' credit rating to Selena LLC.

Selena's rating reflects its adequate operating cash flow and reasonable debt burden, as well as an adequate share of equity in its total funding and potential support from strategic partners that are interested in the company's projects.

These strengths are partially offset by the company's low net profit margin, volatile revenue, low current ratio and exposure to general macroeconomic risks that may affect its financial and operating performance. NRA also note Selena's low business diversification and the absence of any sizable portfolio of residential or commercial properties.