02.03.2016, 00:16
Krona Group's 'A' Credit Rating On Watchlist
OREANDA-NEWS. National Rating Agency has placed its 'A' credit rating on Krona Group CJSC on its Watchlist with indefinite implications.
Krona Group's credit rating will be under scrutiny from the time of its Watchlist placement. A Watchlist placement does not mean that the rating has been suspended, but indicates that NRA may take a rating action in the near term.
The indefinite outlook for the rating reflects the absence of sufficient financial information that NRA needs to conduct its regular credit rating monitoring procedure with the view to assessing the events and factors that may influence the level of the company's credit risk.
Krona Group's credit rating will be under scrutiny from the time of its Watchlist placement. A Watchlist placement does not mean that the rating has been suspended, but indicates that NRA may take a rating action in the near term.
The indefinite outlook for the rating reflects the absence of sufficient financial information that NRA needs to conduct its regular credit rating monitoring procedure with the view to assessing the events and factors that may influence the level of the company's credit risk.
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