print 01.11.2007

Credit-Rating`s news on ratings for October 2007

October 2007

October saw 28 ratings assigned by Credit-Rating, 1 rating was upgraded, outlooks on 3 ratings were revised, 4 ratings were suspended and 6 ratings were withdrawn.

ISSUER RATINGS

Municipalities

Oct. 16 An investment-grade long-term rating of uaA /Stable outlook was assigned to the city of Simferopil.

Oct. 19 A long-term investment-grade rating of uaBBB /Stable outlook assigned to the city of Cherkassy was affirmed.

Oct. 24 A long-term investment-grade rating of uaBBB /Stable outlook assigned to the city of Mykolayiv was affirmed

Oct. 30 A long-term speculative-grade rating of uaBB+ /Stable outlook was assigned to the city of Severodonetsk.

Corporate sector

Oct. 12 Dnepropetrovsk-based MASTER-FINANS LLC was assigned a long-term speculative grade rating of uaB.

Financial sector

Oct. 5 Kiev-based Universal Bank for Development and Partnership was assigned a long-term investment-grade rating of uaBBB.

Oct. 8 Kiev-based BTA Bank OJSC was assigned a long-term investment-grade rating of uaBBB.

Oct. 9 Krivyi Rih-based Invest-Kredit bank CJSC was assigned a long-term investment-grade rating of uaBBB.

Oct. 11 Kiev-based EUROGASBANK LLC was assigned a long-term speculative-grade rating of uaBB.

Oct. 19 Kiev-based Energobank Joint-Stock Bank was assigned a long-term credit rating investment-grade rating of uaBBB.

Oct. 23 Kiev-based National Credit bank Joint-Stock Commercial Bank was assigned a long-term investment-grade rating of uaBBB.

Oct. 29 Kiev-based TAS-Businessbank was assigned a long-term investment-grade rating of uaBBB-.

ISSUE RATING

Municipalities

Oct. 16 A long-term investment-grade rating of uaA was assigned to UAH20m 5-year bonds issued by the city of Simferopil.

Oct. 19 A long-term investment-grade rating of uaBBB was assigned to UAH65m 5-year bonds issued by the city of Cherkassy.

Oct. 19 long-term credit rating of uaBBB assigned to UAH5m 5-year bonds issued by the city of Cherkassy was affirmed at uaBBB.

Oct. 24 A long-term investment-grade rating of uaBBB was assigned to UAH50m 5-year bonds issued by the city of Mykolayiv.

Oct. 30 A long-term speculative-grade rating of uaBB+ was assigned to UAH20m 5-year bonds to be issued by the city of Severodonetsk.

Corporate sector

Oct. 1 A long-term speculative-grade rating of uaB- was assigned to UAH200m 10 year registered discount bonds (A series) to be issued by Kiev-based Construction and Investment Company TM LLC.

Oct. 3 A long-term speculative-grade rating of uaBB was assigned to UAH25m 5-year registered coupon bonds (F series) to be issued by Kherson-based PROGRESS LLC.

Oct. 3 A long-term speculative-grade rating of uaB- was assigned to UAH110.7m 2-year registered housing bonds (C-G series) to be issued by Kiev-based Ukrgaz LLC.

Oct. 4 A long-term speculative-grade rating of uaB was assigned to UAH30m 4-year registered discount bonds (A-F series) issued by Khmelnitskiy-based Khmelnitskstroyinvest LLC.

Oct. 5 A long-term speculative-grade rating of uaBB was assigned to UAH40m 5-year registered coupon bonds (D-F series) issued by Cherkassy-based Business-Grand PC.

Oct. 8 A long-term speculative-grade rating of uaBB+ was assigned to UAH105m 1 Ѕ-year registered housing bonds (A-C series) to be issued by Odessa-based OLIMPEKS-TRANS LLC.

Oct. 9 A long-term speculative-grade rating of uaBB+ was assigned to UAH28.3m 1-year registered housing bonds (A-D series) to be issued by Evpatoriya-based Stroykompleks LLC.

Oct. 10 A long-term speculative-grade rating of uaB was assigned to UAH100m 10 year registered discount bonds (F-O series) to be issued by Kiev-based Stolytsya LLC.

Oct. 11 A long-term speculative-grade rating of uaCCC was assigned to UAH81.2m 2-year registered housing bonds (AA-DE series) to be issued by Kiev Oblast-based Zhytloinbud LLC.

Oct. 12 A long-term speculative-grade rating of uaCCC was assigned to UAH100m 10-year registered discount bonds (A-J series) issued by Kiev-based Investment and Construction Company Stolytsya LLC.

Oct. 15 A short-term investment-grade rating of uaK2 was assigned to UAH50.5m 1-year FREO Nova Bohdanivka-2 certificates (A series) issued by Kiev-based Arkada JSCB.

Oct. 15 A long-term speculative-grade rating of uaBB+ was assigned to UAH50m 3-year registered coupon bonds (B series) issued Ternopil-based Rovex LLC.

Oct. 16 A long-term speculative-grade of uaCC was assigned to UAH575.5m 10-year registered discount bonds (A-D series) issued by Kiev-based TRIUMF-INVEST LLC.

Oct. 17 A long-term speculative-grade rating of uaBB+ was assigned to UAH13m 3-year registered housing bonds (A series) issued by Lutsk-based Volynvneshtorgkhleb LLC.

Oct. 17 A long-term speculative-grade rating of uaBB- was assigned to UAH112.5m 7-year registered discount bonds (F series) issued by Kiev-based Construction Company Gorstroyinvest LLC.

Oct. 18 A long-term speculative-grade rating of uaBB- was assigned to UAH13m 3-year registered housing bonds (A series) to be issued by Donetsk-based TPK STROYSERVIS LLC.

Oct. 18 A long-term rating assigned to UAH20.7m 1 Ѕ-year registered housing bonds (A-E series) issued by Kiev-based Office Centre Vysoka Vezha was upgraded to uaB+ from uaB-.

Oct. 22 A long-term credit rating assigned to UAH7.2m 1-year registered housing bonds (B series) issued by Kiev-based SibInvestBud was upgraded to uaB+ from uaB-.

Oct. 23 A long-term credit rating assigned to UAH17m 2 Ѕ-year registered housing bonds (B series) issued by Mykolayiv Oblast-based Apollo-H LLC was upgraded to uaB- from uaCCC.

Oct. 24 A long-term credit rating assigned to UAH6.8m (A-E series) 2 Ѕ-year and UAH17.2m (F-M series) 3-year housing bonds issued by Odessa-based TF-Invesr LLC was upgraded to uaB+ from uaB-.

Oct. 25 A long-term rating assigned to UAH27.5m 2-year registered housing bonds (A series) issued by Yalta-based Runa LLC was upgraded to uaB from uaCCC.

Oct. 26 A long-term speculative-grade rating of uaB+ was assigned to UAH87m 2-year registered housing bonds to be issued by Alushta-based Krymska Yuridychna Grupa LLC.

Oct.26 A long-term rating assigned to UAH25m 2-year registered housing bonds (A series) issued by Feodisiya-based Otdykh-Servis LLC was upgraded to uaBB- from uaB+.

Oct. 29 A long-term speculative-grade rating of uaCC was assigned to UAH550m 10-year registered discount bonds (A series) issued by Yalta-based NAVIUM LLC.

Oct. 30 A long-term credit rating assigned to UAH20m 3-year registered coupon bonds (B series) issued by Kiev-based Kviza-Trade LLC was upgraded to uaA from uaA-.

Oct. 31 A long-term investment-grade rating of uaBBB- was assigned to UAH50m 5-year issue of registered coupon bonds (B series) to be issued by Sumy-based Sumykhimprom OJSC.

Oct. 31 A long-term credit rating assigned to UAH25m 2-year registered coupon bonds (D series) issued by Cherkassy Olast-based Ukrshampinyon CJSC was upgraded to uaA from uaA-.

Financial sector

Oct. 2 A long-term investment-grade rating of uaBBB- was assigned to UAH100m 4-year registered coupon bonds (B series) issued by Kiev-based Euro Leasing LLC.

Oct. 2 A long-term credit rating assigned to UAH50m 4-year registered zero-coupon bonds (A series) issued by Kiev-based Financial Leasing Group was upgraded to uaB from uaCCC.

Oct. 4 A long-term speculative-grade rating of uaBB+ was assigned to UAH10m 3-year registered coupon bonds (A series) issued by Odessa-based Investbank JSCB.

Oct. 5 A long-term investment-grade rating of uaBBB was assigned to UAH70m 5-year issue of registered coupon bonds (C series) to be issued by Kiev-based Universal Bank for Development and Partnership OJSC.

Oct. 9 A long-term investment-grade rating of uaBBB- was assigned to UAH20m 3-year registered coupon bonds (A series) to be issued by Krivyi Rih-based Invest-Kredit bank CJSC.

Oct. 10 A long-term speculative-grade rating of uaBB+ was assigned to UAH25m 4-year registered coupon bonds (B series) to be issued by Kiev-based Galaktika Insurance Company CJSC.

Oct. 22 A long-term investment-grade rating of uaBBB was assigned to UAH50m 2-year registered coupon bonds (C, D series) to be issued by Kiev-based Ukrainian Professional Bank OJSC.

Oct. 25 A long-term investment-grade rating of uaBBB+ was assigned to UAH100m 3-year registered coupon bonds (A series) to be issued by Kiev-based Ukrinbank JSC.

Credit-Rating agency has operated on the Ukrainian market since 2001 being committed to assignment of the national scale ratings. The agency has assigned 692 ratings, specifically to 536 Ukrainian companies, 123 financial institutions and 33 municipalities.

As of November 1, 2007 Credit-Rating maintains monitoring of 608 ratings, in fact 462 of corporate, 116 of financial and 30 of municipal sectors.

For further information, please contact:
Information and analytic department
Sergey Rozumyak +38 044 490 25 50
SRozumyak@credit-rating.com.ua