OREANDA-NEWS. Expert RA Rating Agency (RAEX) upgraded GPB Latin America Ventures credit (long-term creditworthiness) rating to A+ ("Very high level of creditworthiness"). The second rating sub-level, rating outlook is "stable". Earlier the Company was assigned credit rating A "High level of creditworthiness" with a stable outlook, the first sub-level.

High probability of financial support on the part of the owners and good financial position of the key object of investments exerted positive influence on the Company's rating.

The rating score was restrained by high share of accounts receivable in the structure of current assets, high share of one counterpart in the structure of accounts receivable and limited information transparency.

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