OREANDA-NEWS. National Rating Agency has affirmed its national scale 'A' credit rating on Mopelia Holdings Ltd (MHL).

The rating is supported by the company's strong liquidity position and good-quality investment portfolio. The partial conversion of short-term liabilities into long-term debt has favourably impacted MHL's financial strength. NRA also note that MHL's beneficiary owners would likely have a high propensity to support the company if needed.

The rating is constrained by the company's low equity ratio, concentrated income base and volatile operating performance.