Press Releases
On 14 March 2016 Moody’s Investors Service confirmed TransContainer’s corporate family rating at Ba3 (Stable).
TransContainer's Ba3 rating reflects the company's leading position in the Russian rail-based container transportation market, with a 47% market share as of end-2015; (2) ability to maintain stable financial and operating profiles amid a market downturn in Russia (Ba1 review for downgrade); (3) solid liquidity, owing to its balanced debt maturity profile and flexible investment needs; and (4) low foreign-currency risk.
The company’s rating was confirmed despite the recent placing the sovereign Russia’s rating under review for possible downgrade reflecting TransContainer’s sustainable business model and solid financial profile.