Dvina Capital LLC's Credit Rating Lowered
The 'A' national scale credit rating had been originally assigned on March 28, 2013, and subsequently affirmed at this level on July 21, 2014, and September 25, 2014. However, on February 4, 2015, the rating was placed on the Watchlist with an indefinite outlook. On June 3, 2015, the national scale credit rating was lowered to 'BBB+' with an indefinite outlook.
The company's credit rating is under review since placement on the Watchlist. As a matter of fact, the rating is not suspended, but in the near future the Agency may take some actions, including an affirmation of the current rating level or a downgrade to one or more stages, changes in the outlook, the rating suspension or withdrawal.
The Agency has downgraded and retained the rating on the Watchlist due to high probability of realization of the crucial risk, related to the trial (Case № A41-1775/2015). Up to the end of the proceedings, the land located in the Odintsovo District, in the Uspenskoye village, - the main asset of the company - has been arrested.