Novorossiysk Grain Plant Company Rating A++ Assigned
RAEX Rating Agency (Expert RA) assigned Novorossiysk Grain Plant Company credit (long-term creditworthiness) rating A++ (“Exceptionally high (the highest) level of creditworthiness”). The rating outlook is stable, which means the likelihood of mid-term rating stability is high.
High probability of support on the part of the owners and on the part of the state exerted positive influence on the Company’s rating.
Lack of experience of property risk insurance and low level of diversification of planned debt burden were highlighted among rating restraining factors.