Fitch assigns Element Leasing rating of “B+”

Fitch Ratings has assigned the company Element Leasing’s long-term Issuer default rating in foreign and national currency at level “B+”. The forecast on ratings – “stable”. Short-term foreign currency rating at “B”.

“Upside potential for the ratings is currently limited. However, strengthening market position, improving profitability and diversifying sources of funding would have a positive impact on its creditworthiness,” – said the Agency.

Fitch assigns Element Leasing rating of “B+” 01.06.2017

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