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Financial rating: SODECI rated AA with a stable outlook

31/01/2024
Source : ORISHAS FINANCE
Categories: Economy/Forex

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Le 29 janvier dernier, Bloomfield Investment Corporation awarded the grade ( AA) à long terme à la société SODECI, with a stable perspective. Shortly, SODECI obtained

A1- with a stable outlook.

The Société de Distribution d'Eau de Côte d'Ivoire (SODECI) is a public limited company with a Board of Directors, headquartered at Avenue Christiani, in Treichville. It ensures the operation, maintenance and renewal of structures belonging to the State's heritage, as well as the exclusive management and operation of the public sanitation service in the city of Abidjan, through two lease contracts signed with the State of

Côte d'Ivoire.

Over the long term, the company's rating reflects the very high credit quality. The protective factors are very strong. Adverse changes in business, economic or financial conditions will increase investment risks, although not significantly

.

In the short term, this is a very high certainty of timely repayment. The liquidity factors are excellent and supported by good protective factors for essential elements. Risk factors are minor.

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