Katama Trading Ltd Assigned ‘A’ Credit Rating
OREANDA-NEWS. June 08, 2015. National Rating Agency has assigned its national scale ‘A’ credit rating to Katama Trading Ltd.
The rating reflects the company’s robust market position in 2014 and 1Q 2015. Katama Trading Ltd. offers project development pre-construction services. The rating benefits from the company’s experience in this field and highly successful completion of a large development project in 2014, plus the fact that similar projects with a promising profit generation potential are in the pipeline. NRA notes the good payback periods of the company’s projects and the confirmation of the value of projects sold out and about to be purchased. Katama Trading counterparties are industry leaders with a high business standing. The company’s ultimate beneficiary has capacity and capability to help Katama Trading with its projects in case of need.
The rating is constrained by the company’s high execution risks associated with the economic stagnation and Katama Trading’s plans to raise sizable loans to fund its projects.
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