THE NATIONAL RATING AGENCY HAS CHANGED THE CREDIT RATING OF LLC "REATORG" BY ONE NOTCH - TO THE LEVEL OF "BB+|RU|"
The credit rating downgrade, driven by a lower equity-to-debt ratio, is due to the payment of dividends and reflects the repayment of a loan to the founder and owner, which was made in order to increase the transparency of the business for the public market and private investors.
We are pleased to note that the NRA sees the company's growth potential in a stable pharmaceutical market in the implementation of import substitution scenarios. The combination of a low leverage, a diversified supplier base and the company's market experience will enable it to effectively implement a sustainable growth strategy.
We positively perceive the received rating as a recognition of the corresponding strong status of the Company in such difficult economic conditions.