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27.05.2010
Credit-Rating: ARTA Securities LLC’s issue rating remains unchanged
Credit-Rating does not plan to revise the long-term credit rating of uaB/stable outlook assigned to registered coupon bonds (series B) issued by Kiev-based ARTA Securities LLC for the amount of UAH30m due May 10, 2011. The agency notes that this rating captures risks of issuer’s late repayments on the bond issue.
An obligor or a debt liability with uaB credit rating is characterized with the LOW creditworthiness as compared to other Ukrainian obligors or debt liabilities. This level of creditworthiness is extremely susceptible to adverse changes in commercial, financial and economic conditions.
Stable outlook indicates that there are no anticipated reasons to change the rating in the course of the year.
The rating may be downgraded in case of initiation of legal procedures connected with issuer’s failures in meeting its obligations, specifically full and timely repayments on the bond issue.
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 +38044490 25 50
SRozumyak@credit-rating.com.ua
Denis
Rudenko
DRudenko@credit-rating.ua
