print
05.05.2009
Credit-Rating’s rating actions in April 2009
March saw 1 rating assigned by Credit-Rating, 2 ratings have been upgraded, 12 ratings have been downgraded, outlooks on 11 ratings have been revised, 40 ratings have been suspended, 15 ratings have been withdrawn and 8 ratings have been placed on Rating Watch List.
COUNTERPARTY RATINGS
Municipal sector
April 3 City of Vinnitsa: the long-term investment grade rating of uaBBB- has been placed on Rating Watch List. The outlook on the rating has been changed to negative.
Corporate sector
April 7 Karavan LLC (Kiev): the long-term credit rating of uaBBB+ has been downgraded to uaBB with negative outlook. The rating remains on Rating Watch List.
April 14 LUAZ OJSC (Lutsk): the long-term credit rating of uaBBB+ has been downgraded to uaBB with negative outlook.
April 21 Insakharprom-K LLC (Odessa): the long-term credit rating of uaCCC has been downgraded to uaD.
Financial sector
April 10 Energobank JSB (Kiev): the long-term credit rating of uaBBB+ has been upgraded to uaA-. The outlook on the rating has been changed to stable.
April 13 Bank for Investments and Savings LLC (Kiev): the long-term credit rating of uaBB has been upgraded to uaBBB- (provisional). The outlook on the rating has been changed to stable.
April 15 Dnister Bank OJSC (Lviv): the long-term credit rating of uaBBB- has been downgraded to uaBB with negative outlook.
April 21 Misto Bank CB LLC (Odessa): a long-term credit rating of uaBBB has been downgraded to uaBBB- with negative outlook. The rating has been placed on Rating Watch List.
April 22 Active-Bank CB LLC (Kiev): a long-term investment grade rating of uaBBB has been assigned to the bank.
ISSUE RATINGS
Municipal sector
April 3 Vinnitsa City Council: a long-term investment grade rating of uaBBB- assigned to coupon bonds (series 1-A, 1-B, 1-C, 1-D, 1-E, 1-F) for the amount of UAH45m, has been placed on Rating Watch List. The outlook on the rating has been changed to negative.
Corporate sector
April 2 LOGOS CJSC (Crimea): a long-term credit rating assigned to registered housing bonds (series A, B) for the amount of UAH14.6m due Sep. 30, 2009 has been downgraded to uaB from uaBB.
April 6 GRANIT-Plus LLC (Kiev): a long-term credit rating assigned to registered housing bonds (series A-C) for the amount of UAH150.6m due Dec. 31, 2010 has been downgraded to uaBB from uaBBB with negative outlook.
April 7 INTEGRA-HOLDING LLC (Kiev): a long-term credit rating assigned to registered housing bonds (series A-L) for the amount UAH312.8m due Apr. 29, 2011 has been downgraded to uaBB+ from uaBBB.
April 7 Karavan LLC (Kiev): long-term investment grade ratings assigned to two issues of registered coupon bonds (series A for the amount of UAH30m due May 6, 2009 and series C for the amount of UAH130m due June 27, 2011) have been downgraded to uaBB from uaBBB+ with negative outlook. The ratings remain on Rating Watch List.
April 8 Healthcare Centre Dobrobut CJSC (Kiev): a long-term credit rating assigned to registered coupon bonds (series A) for the amount of UAH10m due June 8, 2009 has been upgraded to uaBB from uaB.
April 9 APOLLO-H LLC (Mykolayiv Oblast): a long-term credit rating assigned to registered housing bonds (series A-C) for the amount of UAH24m due Dec. 31, 2009 has been upgraded to uaBB from uaB-.
April 14 LUAZ OJSC (Lutsk): long-term credit ratings assigned to two issues of registered coupon bonds (series A for the amount of UAH130m due June 14, 2010 and series B for the amount of UAH200m due May 7, 2013) have been downgraded to uaBB from uaBBB+ with negative outlook.
April 17 PKF Budivel LLC (Dnepropetrovsk): a long-term credit rating assigned to registered housing bonds (series A-C) for the amount of UAH41.3m due Nov. 12, 2010 has been downgraded to uaB from uaBB-. The outlook on the rating is negative.
April 21 Insakharprom-K LLC (Odessa): a long-term credit rating assigned to registered coupon bonds (series A) for the amount of UAH50m due Apr. 21, 2010 has been downgraded to uaD from uaCCC.
April 23 Healthcare Centre Dobrobut CJSC (Kiev): a long-term speculative grade rating of uaBB has been assigned to companys upcoming registered coupon bonds (series B) for the amount of UAH24m with 3-year original maturity.
April 24 Svit Ltd LLC (Crimea): a long-term speculative grade rating of uaBB has been assigned to companys upcoming issue of registered housing bonds (series A) for the amount of UAH59.5m due March 14, 2012.
April 27 LIKO-HOLDING LLC (Kiev): long-term credit ratings assigned to issues of registered housing bonds (series AD-AZ and T-AC) for the amount of UAH727.2m and UAH547.4m respectively, with 5-year original maturity has been downgraded to uaBB from uaBBB+. The outlook on the ratings is negative.
April 28 RUSH LLC (Dnepropetrovsk): a long-term credit rating assigned to registered coupon bonds (series A) for the amount of UAH50m due Jul. 27, 2010 has been downgraded to uaC from uaBB. The outlook on the rating has been changed to negative.
April 30 TIARA LLC (Kyiv Oblast): a long-term credit rating assigned to registered housing bonds (series B) for the amount of UAH26m due March 31, 2010 has been downgraded to uaB from uaBB . The outlook on the rating is negative.
Financial sector
April 10 Energobank JSB (Kiev): a long-term credit rating assigned to registered coupon bonds (series B) for the amount of UAH65 due Nov. 19, 2013 has been upgraded to uaA from uaBBB+. The outlook on the rating has been changed to stable.
April 13 Bank for Investments and Savings LLC (Kiev): a long-term credit rating assigned to registered coupon bonds (series A) for the amount of UAH15m due May 30, 2010 has been upgraded to uaBB from uaBBB-. The outlook on the rating is negative.
April 15 Dnister Bank OJSC (Lviv): a long-term credit rating assigned to registered coupon bonds (series G) for the amount of UAH40m due Jan. 8, 2013 has been upgraded to uaBB from uaBBB-. The outlook on the rating is negative.
Credit-Rating agency has operated in the Ukrainian market since 2001 being committed to assignment of the national scale ratings. The agency has assigned 1040 ratings, specifically to 814 Ukrainian companies, 168 financial institutions and 57 municipalities and their debts, 1 corporate governance rating and 75 bank deposit ratings.
As of May 01, 2009 Credit-Rating maintains monitoring of 811 ratings, in fact 632 of corporate, 133 of financial and 46 of municipal sectors.
