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30.04.2009
Credit-Rating suspends Furshet CJSC’s rating
Credit-Rating, a nationally recognized credit rating agency in Ukraine has today announced that it suspended the long-term credit rating of uaAA- (uaAA minus) with negative outlook assigned to registered coupon bonds (series E) issued by Kiev-based Furshet CJSC for the amount of UAH200m, with 3-year original maturity, due to insufficient information regarding issuer`s performance in 2008.
An obligor or a debt liability with uaAA credit rating is characterized with the VERY STRONG creditworthiness as compared to other Ukrainian obligors or debt liabilities.
A plus "+" and a minus "-" signs indicate intermediary categories compared to the standard categories (grades).
Negative outlook indicates that there is a possibility to downgrade the rating in the course of the year, on condition that negative tendencies are retained and current risks are realized.
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 analytic department
Sergey Rozumyak +38 044 490 25 50
SRozumyak@credit-rating.ua
Denis Rudenko
DRudenko@credit-rating.ua
