RAEX Assigns Port Vanino Credit Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) assigned Port Vanino credit (long-term creditworthiness) rating A, which means high level of creditworthiness, the third sub-level. The rating outlook is "stable".
High liquidity ratios, medium high profit and profitability margins and low currency risks influenced positively the rating of Port Vanino.
Among the factors restraining the rating score the Agency highlighted high level of debt burden, absence of information about ultimate beneficiaries of the Company and low level of debt obligations diversification.
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