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02.07.2007
Credit-Rating’s news on ratings
June 2007
June saw 42 ratings assigned by Credit-Rating; the agency upgraded 27 corporate ratings, changed outlook on 11 ratings, suspended 4 ratings, and withdrew 4 ratings.
Issuer ratings
Municipalities
June, 12. City of Kharkiv the rating is affirmed at uaA. Outlook on the rating is Stable.
June, 18. City of Brovary the rating is affirmed at uaBBB-. Outlook on the rating is Stable.
Corporate
June, 15. Lugansk-based Korovai OJSC assigned uaBBB-.
Financial
June, 8. Kharkiv-based Faktorial-Bank assigned an investment-grade rating of uaBBB-.
June, 11. Kiev-based Kyiv Joint-Stock Commercial Bank assigned an investment-grade rating of uaBBB.
June, 12. Rating to Kiev-based Nadra bank OJSC upgraded to uaA- from uaBBB+.
June, 13. Kiev-based Tavrika Joint-stock bank assigned an investment-grade rating of uaBBB.
June, 14. Kiev-based Ukrainian Professional Bank assigned an investment-grade rating of uaBBB-.
June, 15. Kiev-based AvtoZAZbank assigned an investment-grade rating of uaBBB-.
June, 18. Kharkiv-based Megabank OJSC assigned an investment-grade rating of uaA-.
June, 27. Donetsk-based Promekonombank OJSC assigned an investment-grade rating of uaBBB-.
June, 21. The ratings of the following banks were revised in conjunction with amendments in methodology of bank ratings:
- Pivdennyi bank to uaA+ from uaA.
- Nadra bank to uaA from uaA-.
- Ukrgasbank to uaA- from uaBBB+.
- TAS-Kommertsbank to uaA- from uaBBB+.
- Bank Kyiv to uaBBB+ from uaBBB.
- Ukrainian Professional Bank to uaBBB from uaBBB-.
- Faktorial-Bank to uaBBB from uaBBB-.
- AvtoZAZbank to uaBBB from uaBBB-.
- Evropeyskyi bank to uaBBB- from uaBB+.
- Fortuna-Bank to uaBB+ from uaBB.
Issue ratings
Municipalities
June 7. UAH10m 3-year bond issue by city of Lutsk assigned uaBBB+ with Stable Outlook.
June 12. Rating to UAH100m 3-year bond issue by city of Kharkiv affirmed at uaA+ with Stable Outlook.
June 21. Rating to UAH5.5m 5-year bond issue by city of Ivano-Frankivsk affirmed at uaBBB with Stable Outlook.
Corporate
June 4. UAH39.6m 2 Ѕ-year issue of registered housing bonds (A, B, C series) assigned uaBB.
June 5. UAH50m 3-year issue of registered coupon uncollateralized bonds (A series) assigned uaBBB-.
June 5. UAH20.74m 2 Ѕ-year issue of registered housing bonds (A series) by Kiev oblast-based Company on Organizing the Residential Construction LLC assigned uaCCC.
June 6. UAH39.9m 1-year issue of registered housing bonds (A-X series) by Odessa-based SOFOR LLC assigned uaB+.
June 13. Rating to UAH21.6m 3-year issue of registered housing bonds (A, B series) by Simferopol-based Nord-service-shipping LLC upgraded to uaB- from uaCCC+.
June 14. UAH100m 3-year issue of registered coupon uncollateralized bonds by Vinnitsa oblast-based Podillya Grocery Company assigned uaA+ provisional rating.
June 19. UAH27.6m 10-year issue of registered discount bonds (A series) by Kharkiv-based Stroitelnyi Torgovyi Dom LLC assigned uaB+.
June 20. Rating to UAH51.3m issue of registered housing bonds (A series) due Dec. 30, 2008 by Kharkiv-based SK Glavmash LLC upgraded to uaB from uaCCC.
June 21. Rating to UAH140m issue of registered housing bonds (A, B, C series) due July 1, 2008 by Kiev-based Avantar LLC upgraded to uaCCC from uaCC.
June 22. Rating to UAH177m issue of registered housing bonds (A-F series) by Kiev-based National Construction Company upgraded to uaB from uaCCC.
June 25. Upcoming UAH99.8m issue of registered housing bonds (C-R series) due Dec. 31, 2011 by Zaporozhye-based Arsenal-rezerv LLC assigned uaBB+.
June 26. UAH100m 3-year issue of registered coupon bonds (A, B series) by Kiev-based Agromat LLC assigned uaBBB+ .
June 26. Outlook on the rating to UAH50m 1 Ѕ-year issue of registered housing bonds (C series) by Kiev-based Akvapark LLC changed to Positive from Stable.
June 27. Rating to UAH 53.5m issue of registered housing bonds (A-S series) due June 1, 2006 by Tchernivtsy-based Polex LLC upgraded to uaB- from uaCCC.
June 29. Rating to UAH16m 4-year issue of registered housing bonds by Dnepropetrovsk-based Pridneprovskaya Energy Company LLC upgraded to uaB- from uaCCC.
Financial
June 20. Upcoming UAH45m 3-year issue of registered coupon bonds by Kiev-based BM Bank assigned uaBBB.
June 21. The ratings of the following banks` issues were revised in conjunction with amendments in methodology of bank ratings:
- VAB bank to uaAA- from uaA.
- Ukrgasbank (B series) to uaA+ from uaA.
- Ukrgasbank (A series) to uaA- from uaBBB+.
- TAS-Kommertsbank to uaA- from uaBBB+.
- UBDP to uaBBB from uaBBB-.
- Aktiv-bank to uaBBB from uaBBB-.
- Evropeyskyi to uaBBB- from uaBB+.
- Prichernomorye bank to uaBBB- from uaBB+.
Credit-Rating agency has operated on the Ukrainian market since 2001 being committed to assignment of the national scale ratings . The agency has assigned 573 ratings, specifically to 466 Ukrainian companies, 81 financial institutions and 26 municipalities.
As of July 1, 2007 Credit-Rating maintains a monitoring of 484 ratings, in fact 392 of corporate, 73 of financial and 19 of municipal sectors.
For further information, please contact:
Information and analytic department
Sergey Rozumyak +38 044 490 25 50
SRozumyak@credit-rating.com.ua
