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08.09.2008
Credit-Rating to assign rating to Algor LLC`s bond issues
Credit-Rating, a nationally recognized credit rating agency in Ukraine has today announced that it commenced a procedure on assignment of a credit ratings to discount bonds (series A) and to coupon bonds (series B) to be issued by Kiev-based Algor LLC (`issuer` or `company`). The amounts of the issues are to be UAH100m, with 9-year original maturity and UAH50m, with 5-year original maturity respectively. The company`s principal activity is investing and construction. In the course of analysis Credit-Rating will consider issuer`s financial statements and its other inside information.
A credit rating assigned to issue of debt securities indicates issuer`s capacity to timely and in full meet its commitments on obligations. In the view of a rating`s level, investors may assess investment risks associated with the purchase of issuer`s bonds.
Information on all credit ratings assigned in accordance with the National Rating Scale may be found in REUTERS and BLOOMBERG information systems.
For more information, please contact:
Information and Communication Department
Sergey Rozumyak +38 044 490 25 50
SRozumyak@credit-rating.com.ua
