CREDIT RATING OF AAC INCREASED TO LEVEL UABBB+

Credit Rating Agency has confirmed a long-term credit rating of Aviation Accounting Center at uaBBB+ with the stable outlook.

 

Thereby, credit rating AAC is characterized with the sufficient creditworthiness as compared to other Ukrainian obligors, a stable outlook indicates that there are no anticipated reasons to change the rating in the course of the year. A plus"+" signs indicate intermediary categories compared to the standard categories (grades).

Factors supporting the credit rating AAC:

  • AAC is the leading Ukrainian engineering company in the field of acquisition, processing and provision of geospatial data;
  • significant activity experience AAC as well as availability of appropriate material and technical base allowing to successfully implement projects within Ukraine and worldwide;
  • significant increase client portfolio in recent years;
  • client portfolio diversification by geographic criteria;
  • low level of saturation of related market segment;

The credit rating is based on the results of the analysis of economic and financial indicators for 2017 and for 6 month of 2018, internal information provided by the company in the course of the rating process.

 

For reference:

The last time the ARC carried out the procedure for updating the credit rating in November 2014. Then the credit committee set the company's rating at the level of uaBBB (stable).