Credit-Rating`s rating actions in May 2009
May saw 4 credit ratings assigned by Credit-Rating, 1 rating has been upgraded, 10 ratings have been downgraded, outlooks on 5 ratings have been changed, 52 ratings have been suspended, and 7 ratings have been withdrawn.
COUNTERPARTY RATINGS
Municipal sector
May 20 City of Ivano-Frankivsk: a long-term investment grade rating of uaBBB+ has been assigned to the city.
Corporate sector
May 7 Karavan LLC ( Kiev): the long-term credit rating has been downgraded to uaCCC with negative outlook from uaBB. The rating has been removed from Rating Watch List.
May 19 Galneftekhim CJSC (Lviv): the company`s long-term credit rating has been suspended.
May 19 Ukragro NPK CJSC (Kiev): the company`s long-term credit rating has been suspended.
May 19 UkrTechnoFos LLC (Rivne): the company`s long-term credit rating has been suspended.
Financial sector
May 15 Kyiv JSCB (Kiev): the bank`s long-term credit rating has been suspended.
May 15 Ukrprombank LLC (Kiev): the bank`s long-term credit rating has been suspended.
May 15 Nadra CB OJSC (Kiev): the bank`s long-term credit rating has been suspended.
May 15 Bank for Regional Development JSB (Kiev): the bank`s long-term credit rating has been suspended.
May 15 Transbank JSCB (Kiev): the bank`s long-term credit rating has been suspended.
May 15 Dniester SKB OJSC (Lviv): the bank`s long-term credit rating has been suspended.
May 15 National Standard CB (Kiev): the bank`s long-term credit rating has been suspended.
May 15 Evropeyskyi JSCB (Kiev): the bank`s long-term credit rating has been suspended.
May 15 Imexbank JSCB (Odessa): the bank`s long-term credit rating has been downgraded to uaBBB with negative outlook from uaA . The rating remains on Rating Watch List.
May 18 Tavrika JSB (Kiev): the bank`s long-term credit rating of uaBBB has been removed from Rating Watch List with negative outlook.
May 21 First Investment Bank OJSC (Kiev): the bank`s long-term credit rating has been upgraded to uaBBB- (provisional) from uaBB+ . The outlook on the rating has been changed to stable.
May 29 Pritchernomorye CB OJSC (Dnepropetrovsk): the bank`s long-term credit rating has been withdrawn.
May 29 Bank Familnyi LLC (Donetsk): the bank`s long-term credit rating has been withdrawn.
ISSUE RATINGS
Municipal sector
May 19 Kamenets-Podolskyi city council: a long-term speculative grade rating of uaBB+ has been assigned to city`s upcoming coupon bonds (series A, B) for the amount of UAH20m with 4-year original maturity.
Corporate sector
May 7 Chernomorets SC LLC (Odessa): the long-term credit rating of uaA assigned to registered coupon bonds (series A, B) for the amount of UAH14.6m due Sep. 30, 2009 has been placed to Rating Watch List with negative outlook.
May 7 Stroitelnaya Firma LLC (Odessa): ): the long-term credit rating of uaA assigned to registered coupon bonds (series A, B) for the amount of UAH14.6m due Sep. 30, 2009 has been placed to Rating Watch List with negative outlook.
May 7 Business Centre Primorye LLC (Odessa): the long-term credit rating of uaA assigned to registered coupon bonds (series A, B) for the amount of UAH14.6m due Sep. 30, 2009 has been placed to Rating Watch List with negative outlook.
May 7 Tradeoptimum LLC (Odessa): the long-term credit rating of uaA assigned to registered coupon bonds (series A, B) for the amount of UAH14.6m due Sep. 30, 2009 has been placed to Rating Watch List with negative outlook.
May 7 Karavan LLC (Kiev): the long-term credit rating assigned to registered coupon bonds (series C) for the amount of UAH130m with 3-year original maturity has been downgraded to uaCCC with negative outlook from uaBB . The rating has been removed from Rating Watch List .
May 19 Galneftekhim CJSC (Lviv): the long-term credit rating assigned to registered coupon bonds (series B, C) for the amount of UAH34.9m has been suspended.
May 19 Ukragro NPK CJSC (Kiev): the long-term credit rating assigned to registered coupon bonds (series A,B) for the amount of UAH100m has been suspended.
May 19 UkrTechnoFos LLC (Rivne): the long-term credit rating assigned to registered coupon bonds (series C, D) for the amount of UAH57m has been suspended.
May 22 Holding Company Systemni Investytsiyi LLC (Kiev): the long-term credit rating assigned to registered housing bonds (series A-C) for the amount of UAH85m has been withdrawn.
Financial sector
May 15 Dnister SKB OJSC (Lviv): the long-term credit rating assigned to registered coupon bonds (series G) for the amount of UAH40m has been suspended.
May 15 Evropeyskyi JSCB (Kiev): the long-term credit rating assigned to registered coupon bonds (series A) for the amount of UAH20m has been suspended.
May 15 Bank Familnyi LLC (Donetsk): the long-term credit rating assigned to registered coupon bonds (series A) for the amount of UAH25m has been withdrawn.
May 15 Imexbank JSCB (Odessa): the long-term credit rating assigned to registered coupon bonds (series A and B) for the amount of UAH250m has been downgraded to uaBBB with negative outlook from uaA . The rating remains on Rating Watch List.
May 20 Optima-Leasing (Kiev Oblast): the long-term credit rating assigned to registered coupon bonds (series B) for the amount of UAH10m has been suspended.
May 29 Pritchernomorye CB OJSC (Dnepropetrovsk): the long-term credit rating assigned to registered coupon bonds (series B, C) for the amount of UAH10m has been withdrawn.
Credit-Rating agency has operated in the Ukrainian market since 2001 being committed to assignment of the national scale ratings. The agency has assigned 1044 ratings, specifically to 816 Ukrainian companies, 168 financial institutions and 59 municipalities and their debts, 1 corporate governance rating and 75 bank deposit ratings.
As of June 01, 2009 Credit-Rating maintains monitoring of 813 ratings, in fact 633 of corporate, 132 of financial and 48 of municipal sectors.
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