К основному контенту

ACRA assigns EuroChem rating AA- (RU) with stable outlook

ACRA assigned MHK "EuroChem" rating AA- (RU) with "stable" forecast Analytical Credit Rating Agency (ACRA) assigned JSC "MHC "EuroChem" credit rating "AA- (RU)" with "stable" forecast, the agency said.

"AO credit rating "MHC "EuroChem" driven by a strong business profile, very strong geographic diversification, a very high level of corporate governance, a very large company size, high profitability and coverage, and strong liquidity. The level of the credit rating is restrained by the average assessments of market position, debt burden and cash flow", - indicated in ACRA materials.

JSC "MCC EuroChem" - main production unit of the group "EuroChem". Considering that the company accounts for about 70% of the assets and cash flow (and about 40% of the debt burden) of the group "EuroChem", when assessing the creditworthiness of the company, ACRA used the group's consolidated indicators.

According to ACRA experts, the group "EuroChem" is one of the four largest global fertilizer producers (in terms of revenue for 2019). It produces nitrogen, phosphate, potash and complex fertilizers, as well as operates in the segment of supplies of iron ore concentrate and organic synthesis products. The ultimate beneficiary of the company is Andrey Melnichenko, who owns 100% of the shares of the Cypriot company AIM Capital SE, which owns 90% of the shares of EuroChem Group AG.

There are 6 issues of the company's exchange-traded bonds worth 87 billion rubles in circulation.

Комментарии

Отправить комментарий

Популярные сообщения из этого блога

Asia-Pacific stock markets demonstrate optimistic dynamics

Asia-Pacific stock markets demonstrate optimistic dynamics Stock indices of the Asia-Pacific region (APR) countries rise on Tuesday after the data on the Chinese PMI, investors are waiting for the speech of the head of the US Federal Reserve System (FRS) Jerome Powell in the Senate Banking Committee, MarketWatch reports.. The markets are also supported by hopes that large pharmaceutical companies will soon receive permission to distribute their vaccines against the coronavirus infection COVID-19.
1 комментарий
Далее...

Stock Europe grows following the US and Asia-Pacific stock markets

Stock Europe grows following the US and Asia-Pacific stock markets Today, stock indices in Western Europe are going up following futures on US stock indices and stock exchanges in the Asia-Pacific region (APR). The composite index of the largest enterprises in the region Stoxx Europe 600 by 12:35 Moscow time rose by 0.79% and amounted to 392.44 points. The British FTSE 100 indicator rose 1.69%, the German DAX - 0.91%, the French CAC 40 - 0.94%.
1 комментарий
Далее...

Sberbank wants to enter the top 3 e-commerce market by 23Y, bringing its turnover to 500 billion rubles

Sberbank wants to enter the top 3 e-commerce market by 23Y, bringing its turnover to 500 billion rubles MOSCOW (Reuters) - Sberbank expects to become one of the three leaders in the e-commerce market by 2023, follows from the presentations of the top management of Sberbank (MCX: SBER) at the investor's bottom. The first deputy chairman of the state bank Lev Khasis said that while the bank aims to enter the top 3 or top 5 market leaders, but in the future it would like to become the largest player, bringing the turnover of its services in this market to 500 billion rubles.
1 комментарий
Далее...