S&P placed the rating “Deloports” on CreditWatch Negative

S&P Global Ratings on December 28 put long-term corporate credit rating of “BB -“, OOO “Deloports” the Negative CreditWatch (“ratings on review with negative expectations”).

“The premise of ratings of LLC “Deloports” the CreditWatch Negative reflects the possibility of downgrading by one notch or more if recently announced the acquisition of UK “Business” 30.75 per cent stake in GPI would require significant debt, which will increase the debt burden of UK “Business” or “Deloports”,” – said the Agency.

S&P plans to bring the company’s rating from CreditWatch after will be able to assess the creditworthiness of the group “Business” on completion of the transaction.

S&P placed the rating “Deloports” on CreditWatch Negative 29.12.2017

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