22.03.2016, 00:40
NRA's Credit Rating on Invest-Holding LLC Affirmed
OREANDA-NEWS. National Rating Agency has affirmed its credit rating on Invest-Holding LLC at 'A' with a stable outlook. NRA's first-time 'A' credit rating was assigned to the company on Dec. 22, 2014 and affirmed on Mar. 17, 2015 with a stable outlook.
Invest-Holding Limited Liability Company was established in 2010. In the past, it was involved in a project to develop oil/natural gas fields through a collective investment scheme. The company has been making sizable investments in purchasing companies active in the Russian financial market since 2012. Invest-Holding's key business is investing in subsidiaries using equity and long-term debt. The company performs a holding function, so that its activities are confined to stock market operations and financial consulting. In December 2015, Invest-Holding purchased a 100% stake in Lukoil-Garant OJSC NSPF, one of the leaders of the Russian non-state pension market by a number of measures. In May 2015, Lukoil-Garant NSPF was assigned NRA's 'AAA' reliability rating.
Factors supporting Invest-Holding's rating include its strong equity base, high-quality financial investments and its adequate cash flow, enabling it to service its debt obligations. Invest-Holding's profitable operations provide for a stable capital increase. NRA notes the company's last year's efforts to decrease its interest risk. For instance, the previously floating interest rate on raised loans has been fixed. Other rating strengths include the company's strategic partnership with one of Russia's largest financial groups.
Invest-Holding Limited Liability Company was established in 2010. In the past, it was involved in a project to develop oil/natural gas fields through a collective investment scheme. The company has been making sizable investments in purchasing companies active in the Russian financial market since 2012. Invest-Holding's key business is investing in subsidiaries using equity and long-term debt. The company performs a holding function, so that its activities are confined to stock market operations and financial consulting. In December 2015, Invest-Holding purchased a 100% stake in Lukoil-Garant OJSC NSPF, one of the leaders of the Russian non-state pension market by a number of measures. In May 2015, Lukoil-Garant NSPF was assigned NRA's 'AAA' reliability rating.
Factors supporting Invest-Holding's rating include its strong equity base, high-quality financial investments and its adequate cash flow, enabling it to service its debt obligations. Invest-Holding's profitable operations provide for a stable capital increase. NRA notes the company's last year's efforts to decrease its interest risk. For instance, the previously floating interest rate on raised loans has been fixed. Other rating strengths include the company's strategic partnership with one of Russia's largest financial groups.
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