Credit-Rating: June Saw 3 Defaults on Bonds with Speculative Ratings
Credit-Rating, a nationally recognized credit rating agency in Ukraine has today published statistical data on redemption of bond issues in June 2010 bearing agency’s ratings.
According to issue prospectuses 9 rated and outstanding bond issues for overall amount of UAH0.5bn matured in June. The issues included 4 issuances of housing bonds for the amount of UAH178m, and 5 issuances of interest-bearing bonds. Out of the issues offered for redemption, 2 issues of housing bonds for the amount of UAH118m, and 1 issue of interest-bearing bonds for UAH10.9m were not repaid in time. Credit ratings of these issues pertained to speculative grade of the National Rating Scale. For more information, please visit Credit-Rating’s web-site.
Credit-Rating agency has operated in the Ukrainian market since 2001 being committed to assignment of the national scale ratings. The agency has assigned 1097 ratings. As of July 1, 2010 Credit-Rating maintains monitoring of 632 ratings, in fact 484 of corporate, 98 of financial and 50 of municipal sectors and 58 bank deposit ratings and 2 insurer strength ratings.
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