On April 16, 2018 Russian rating agency RAEX (Expert RA) has assigned rrAA national-scale credit rating (Outlook - Stable) to OAO IDGC of Urals.
The rating is positively influenced by the Company’s monopolistic market position, its vital role as an UES of Russia infrastructure element and stable ownership structure.
Expert RA highly appreciates OAO IDGC of Urals’ profitability, comfortable debt service structure, forecast liquidity level and low debt burden. The agency expects the Company to continue using its cash flows from operations to fund its capital expenditures without raising new debt.
The agency highly appreciates the quality of corporate governance and information transparency of the Company as well.
Please, visit official web-site of the rating agency at www.raexpert.ru for additional disclosures.