Asset Manager
Outlook: Stable
Action date: 04/15/2021
Rating action: New

THE NIMOS HOLDING SL

We assigned a long-term rating of BB- with a stable outlook and a short-term rating of AS3. The Nimo's Holding SL is the parent company of Grupo Inveready, founded in 2006, which focuses its activity on three large business areas: corporate finance services to small and medium-sized companies; asset management and investment portfolio. Our rating is based on profitability and the historical indebtedness at moderate levels. On the contrary, it is constrained by the high concentration of the investment portfolio and the limited geographic diversification, among others.

Rating

Solicited
Date last rating: 04/15/2021
Date first rating: 04/15/2021