On March 27, 2025, the Analytical credit rating agency assigned the status of "rating under review — developing" according to the credit rating of the Level Group company. This is stated in the agency's message.
The assignment of the "rating under review — developing" status is associated with the detention of the final beneficiary of the company. Law enforcement authorities have filed claims against another segment of his business, but at the moment the agency cannot give a definite assessment of the risks associated with the negative impact of these events on the creditworthiness of the Level Group.
The current level of the company's credit rating — A-(RU) — is due to very high ratings of profitability and debt servicing, a very low debt burden, as well as a strong assessment of the business profile. The company's rating is constrained by a very high industry risk (housing construction), as well as an average assessment of the market position.
Level Group LLC is a residential real estate developer. The company is engaged in the implementation of housing projects in premium, business and comfort class in the market of Moscow and the Moscow region. At the beginning of March 2025, the volume of the current construction portfolio amounted to about 788 thousand square meters. m. According to this indicator, the company is one of the ten largest developers in Moscow. The company's land bank is about 2.9 million square meters. m of selling area (NSA).
