Credit-Rating`s rating actions in June 2008
June 2008 saw 20 ratings assigned by Credit-Rating, 21 rating outlooks have been revised, 6 ratings have been upgraded, 15 ratings have been suspended, 4 ratings have been downgraded, and 10 ratings have been withdrawn.
ISSUER RATINGS
Municipal sector
June 06 City of Chernivtsi: a long-term investment grade rating of uaBBB has been assigned to the city. The outlook on the rating is stable.
June 13 City of Brovary: a long-term credit rating of uaBBB has been upgraded to uaBBB+. The outlook on the rating is stable.
June 27 City of Ternopil: a long-term investment grade rating of uaBBB- has been assigned to the city. The outlook on the rating is stable.
Corporate sector
June 20 Dnepropetrovsk Oblast-based Pavlogradvugillya OJSC: a long-term credit rating of uaB has been upgraded to uaBBB, with the rating outlook revised to stable.
Financial sector
June 18 Kiev-based Transbank JSCB: a long-term credit rating assigned to the bank has been downgraded to uaBBB- from uaBBB.
June 19 Kharkiv-based Basis JSCB: a long-term credit rating of uaBBB- has been assigned to the bank.
ISSUE RATINGS
Municipal sector
June 27 Ternopil city council: a long-term investment grade rating of uaBBB- has been assigned to upcoming issue of coupon bonds for the amount of UAH20m, with 4-year original maturity.
Corporate sector
June 4 Donetsk-based NPP Agency for Marketing Research AMI LLC: a long-term speculative grade rating of uaBB has been assigned to upcoming issue of registered coupon bonds (series C, D) for the amount of UAH50m, with 5-year original maturity.
June 5 Yalta-based Firma Sharm PV: a long-term speculative grade rating of uaCC has been assigned to upcoming issue of registered coupon bonds (series A) for the amount of UAH10m due May 26, 2058.
June 6 Kiev-based Atlanta Invest and Development LLC: a long-term speculative grade rating of uaCC has been assigned to registered housing bonds (series A3-C36) for the amount of UAH2.76bn, with 10-year original maturity.
June 9 Lutsk-based Lutsk Automobile Plant OJSC: a long-term investment grade rating of uaBBB+ has been assigned to registered coupon bonds (series B) for the amount of UAH200m, with 5-year original maturity.
June 10 Ivano-Frankivsk Oblast-based Avangard CJSC: a long-term speculative grade rating of uaBB has been assigned to registered coupon bonds (series A) for the amount of UAH200m, with 5-year original maturity.
June 11 Evpatoriya-based LOGOS CJSC: a long-term speculative grade rating of uaBB has been assigned to registered housing bonds (series A, B) for the amount of UAH14.6m, with 1-year original maturity.
June 12 Kiev-based Developer Company PROFIT GRUPP LLC: a long-term speculative grade rating of uaCC has been assigned to registered discount bonds (series A) for the amount of UAH100m, with 8-year original maturity.
June 17 Chernivtsi-based Feniks SPV: a long-term speculative grade rating of uaCCC has been assigned to upcoming issue of registered coupon bonds (series A) for the amount of UAH18m, with 4-year original maturity.
June 20 Dnepropetrovsk Oblast-based Pavlogradvugillya OJSC: a long-term credit rating assigned to registered coupon bonds (series A-Y) for the amount of UAH134.7m with 7-year original maturity has been upgraded to uaBB from uaB, with the rating outlook revised to stable.
June 23 Kiev-based Zoloti Vorota Corp.: a long-term investment grade rating of uaBBB (provisional) has been assigned to registered coupon bonds (series A) for the amount of UAH200m, with 3-year original maturity.
June 24 Sumy-based Manufacturing and Commercial Company Notechs LLC: a long-term speculative grade rating of uaBB- has been assigned to upcoming issue of registered housing bonds (series H-I) for the amount of UAH13.5m, with 3 Ѕ-year original maturity.
June 25 Kharkiv-based Batris LLC: a long-term speculative grade rating of uaB has been assigned to upcoming issue of registered housing bonds (series A) for the amount of UAH199.2m, with 2-year original maturity.
June 26 Lugansk-based Lugansk Energy Association: a long-term investment grade rating of uaBBB (provisional) has been assigned to registered coupon bonds (series A) for the amount of UAH100m, with 3-year original maturity.
Credit-Rating agency has operated in the Ukrainian market since 2001 being committed to assignment of the national scale ratings. The agency has assigned 880 ratings, specifically to 674 Ukrainian companies, 155 financial institutions and 50 municipalities, and 1 corporate governance rating.
As of May 1, 2008 Credit-Rating maintains monitoring of 751 ratings, in fact 564 of corporate, 144 of financial and 43 of municipal sectors.