OREANDA-NEWS. National Rating Agency has affirmed its credit rating on Princerus Holdings Ltd at ‘A’. The company was assigned the ‘A’ rating on Nov.17, 2014.

Princerus Holdings’s rating is supported by its high-quality assets with high investment appeal and liquidity. Another rating strength is the appreciation of securities held by the company during the past year and their increased dividend return. NRA also notes that the company can count on its ultimate beneficial owner for support.

The rating is constrained by the company’s high exposure to the construction sector and the related market and macroeconomic risks. Low capital adequacy makes Princerus Holdings’s credit profile dependent on external support. The company’s debt burden is fairly high.

NRA’s analytical products, including ratings and the contents of this press release, are statements of NRA’s independent opinion as of the date they are expressed and not statements of fact or recommendations to make any investment decisions or conduct any stock market transactions. NRA is not responsible for any results obtained from the use of opinions and/or information contained in this press release.

While NRA has obtained information from sources it believes to be reliable, NRA does not guarantee that this information is perfectly correct, complete and accurate, as it does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.