02.06.2015, 00:57
UNICOR-Service’s Credit Rating Withdrawn
OREANDA-NEWS. National Rating Agency has withdrawn its ‘A-’ credit rating on UNICOR-Service LLC (UNICOR) due to expiry of the contract and the company’s decision to stop participating in the rating process. On withdrawal, UNICOR’s national scale credit rating is at ‘BBB+’.
UNICOR was assigned NRA’s national scale ‘A-’credit rating on July 28, 2014. The rating downgrade at the time of withdrawal is due to the company’s low transparency and failure to provide up-to-date financials.
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