Krasnobrodsky Yuzhny LLC's Credit Rating Withdrawn
OREANDA-NEWS. October 30, 2015. National Rating Agency has withdrawn its credit rating on Krasnobrodsky Yuzhny LLC (OOO ‘Krasnobrodsky Yuzhny’) due to the contract expiry. The company has been assigned an ‘A’ national scale and an ‘iB+’ global scale exit ratings. The ‘A+’ national scale and ‘iBB’ global scale credit ratings were originally assigned on September 30, 2014.
Krasnobrodsky Yuzhny LLC carries out exploration and open-pit coal mining in the Krasnobrodsky Yuzhny 1 area of Krasnobrodsky coalfield in the Kemerovo Oblast. Most of the extracted coal is exported, namely in India, China, South Korea, Belgium, Spain, Italy, France, Turkey, and Japan. The company has its own sales system and sells products directly to customers. The only participant of Krasnobrodsky Yuzhny LLC is Marendo Investments Limited (Cyprus).
NRA’s analytical products, including ratings and the contents of this press release, are statements of NRA’s independent opinion as of the date they are expressed and not statements of fact or recommendations to make any investment decisions or conduct any stock market transactions. NRA is not responsible for any results obtained from the use of opinions and/or information contained in this press release.
While NRA has obtained information from sources it believes to be reliable, NRA does not guarantee that this information is perfectly correct, complete and accurate, as it does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.