credit rating withdrawal rationale
Due to insufficient, in ACRA’s opinion, information required to maintain the credit rating of Delta Leasing Company LLC, the Agency has withdrawn the BBB(RU) rating, outlook Stable, that was previously assigned to it. The rating has been withdrawn without its concurrent affirmation.
REGULATORY DISCLOSURE
The credit rating was previously assigned to Delta Leasing Company LLC under the national scale for the Russian Federation based on the Methodology for Assigning Credit Ratings to Leasing Companies on the National Scale for the Russian Federation and the Key Concepts Used by the Analytical Credit Rating Agency within the Scope of Its Rating Activities.
The credit rating of Delta Leasing Company LLC was published by ACRA for the first time on February 22, 2024.
The credit rating was assigned based on data provided by Delta Leasing Company LLC, information from publicly available sources, and ACRA’s own databases. The rating analysis was performed using the RAS financial statements of Delta Leasing Company LLC. The credit rating is solicited and Delta Leasing Company LLC participated in its assignment.
In assigning the credit rating, ACRA used only information, the quality and reliability of which were, in ACRA’s opinion, appropriate and sufficient to apply the methodologies.
ACRA provided no additional services to Delta Leasing Company LLC. No conflicts of interest were discovered in the course of credit rating assignment.