BKZ Finance LLC's National Scale Credit Rating Affirmed
OREANDA-NEWS. National Rating Agency has affirmed its 'AA-' national scale credit rating on BKZ Finance LLC (OOO 'BKZ Finance'), taking into account the 'RS3' support rating from the related parties. The credit rating was originally assigned on September 8, 2014.
BKZ Finance LLC's main business is raising debt financing on behalf of its subsidiary companies, which implement construction project of a complex for processing natural gas into synthetic ammonia and granular urea in the industrial zone near Ust-Luga port, with terminal for finished goods shipping. It is expected that the projected plant will be the most efficient enterprise in Russian nitrogen fertilizer industry. The plant will produce 1.2 million tonnes/year of urea and 350,000 tonnes/year of ammonia.