05 Jul Laurion Group’s level of creditworthiness
Laurion Group announces that Rating-Agentur Expert RA GmbH (RAEX-Europe) prepared a private report opinion not for regulatory purposes on the creditworthiness analysis of Laurion Group and concluded that the level of creditworthiness of the Group is high where the potential equivalence in international scale could be a rating of “A”.
This means that in the short-run Laurion Group will ensure timely fulfillment of all its current financial liabilities, as well as small- and medium-sized contingent liabilities with high probability. Probability of financial difficulties in case of incurred contingent liabilities requiring significant lump-sum payments is considered as moderately low. In the mid-run the probability of fulfilling the liabilities depends on the stability of the macroeconomic and market indicators.
Rating-Agentur Expert RA GmbH (RAEX-Europe) is an independent European credit rating agency, which is registered by ESMA (European Securities and Markets Authority) and has ECAI (External Credit Assessment Institution) status. RAEX-Europe has a multinational rating service team with extensive experience in rating and analytical industry. The office of this Agency is located in Frankfurt am Main.