20.11.2015, 23:50
Benolita Holdings Ltd's 'A' Credit Rating Affirmed
OREANDA-NEWS. National Rating Agency has affirmed its credit rating on Benolita Holdings Ltd at 'A'. The company was assigned the 'A' rating on Nov.17, 2014.
The rating is supported by the company's high-quality, liquid and transparent assets. In addition, NRA notes the appreciation of securities held by the company during the past year, their increased dividend return and the fact that Benolita Holdings can count on its financially strong owner for support.
These strengths are offset, as before, by the weakening macroeconomic fundamentals and deteriorating stock market conditions in the context of the company's considerable market risks, high asset concentration and substantial debt burden.
The rating is supported by the company's high-quality, liquid and transparent assets. In addition, NRA notes the appreciation of securities held by the company during the past year, their increased dividend return and the fact that Benolita Holdings can count on its financially strong owner for support.
These strengths are offset, as before, by the weakening macroeconomic fundamentals and deteriorating stock market conditions in the context of the company's considerable market risks, high asset concentration and substantial debt burden.
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