OREANDA-NEWS. ‘Expert RA’ rating agency confirmed ‘SPB OIL’ (LLC) creditworthiness (long-term creditworthiness) rating A, which means high credit solvency. The outlook is stable.

The stable current status of investment projects and acceptable financial standing of the Russian major developer whose dividends are used towards repayment of ‘SPB OIL’ loan had a positive impact on ‘SPB OIL’ rating.

The high debt level, low income source diversification, low capital adequacy, as well as a non-transparent structure of the Company’s owners were regarded as ‘SPB OIL’ rating restraining factors.