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25.04.2005
uaCCC credit rating assigned to bond issue of the Rada Ltd.
Credit-Rating said today it assigned its “uaCCC” national scale long-term
interest-bearing bond issue credit rating to Rada, LTD. The amount of the issue is
2.3 million UAH for at term of up to 5 years. In course of carrying out the rating
analysis the rating agency used full
company financial disclosure for 2000-2004, as well as other internal information
provided by the Issuer and obtained during agency specialists’ meetings with
company
epresentatives.
An issue rated "uaCCC" means that at present there is PROBABILITY OF
DEFAULT
under requirements of the Ukrainian financial market. Duly paid out obligations much
depend on favorable business, financial and economic conditions.
