Oásis Atlântico achieve BBB- investment grade rating

Oásis Atlântico have been awarded a BBB- investment grade rating by international credit rating agency, ARC Ratings, S.A. This has been awarded based on Oásis Atlântico’s increased capacity to generate funds and helps support their journey for continued growth.

The BBB- investment risk grade rating demonstrates how the use of Corporate Bonds can be utilised as part of a well-considered finance strategy. It helps the business achieve growth, is an appropriate cost of capital to fund the growth and a step on the way to a larger business funding strategy.

Oásis Atlântico as a Group was founded in the early 90’s with over two decades of activity within tourism and real estate, and is one of the longest-standing tourism investors in Cape Verde. As a group they currently operate 6 resorts, four of which are in Cape Verde and owned by the group with a further 2 located in the Northeast of Brazil.

Oásis Atlântico had an incredible year in 2016 and continue to report on notable success, progress and achievements this year. Their focus this year is to enhance their existing hotel business and develop the hotel management area, namely in partnership with investors.

Read the Full Press Release Here

This is very positive news for Oásis Atlântico and further endorses their success and achievements already seen within the group.  We are delighted to be continuing our work with Oásis Atlântico in the next stages of their development and look forward to bringing you further updates over the coming months.

*Please note this article is a re-post it was originally posted on 10th July 2017*