OREANDA-NEWS. National Rating Agency has assigned its 'AA-' credit rating to RAIL1520 Leasing LLC, taking into account the support rating of 'RS2', reflecting the probability of support that the company can get from a large financial and production group. We assess RAIL1520 Leasing's stand-alone credit profile at 'A'.

The rating reflects RAIL1520 Leasing's affiliation with the large production holding company UWC RPC (a division of ICT Group), which allows it to count on the parent's timely and adequate support in different areas, including funding, is case of need. The rating recognizes the company's expansion capabilities, clear and well-conceived growth strategy and adequate financial performance.

The rating is constrained by RAIL1520 Leasing's limited business scope and 2014 losses, which, however, were consistent with the company's plans (and have been recognized as such in our analysis).