OREANDA-NEWS. National Rating Agency has affirmed its credit rating on Ferrosplav Invest LLC (FI) at ‘A+’.

The rating affirmation is driven by the company’s stable financial performance indicators, high-quality financial investments and zero external debt. The rating benefits from FI’s good equity adequacy metrics and authorized capital growth in late 2013. The rating also recognizes the company’s transparent ownership and business structure and strong strategic partners, as well as the high probability of timely and sufficient support coming from FI’s ultimate beneficiaries in the case of distress.

The rating is constrained by the low diversification of the company’s operations.