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26.04.2005
uaBB credit rating assigned to bond issue of the MTN Ltd.
Credit-Rating said today it assigned its “uaBB” national scale long-term passive
registered bond issue credit rating to MTN, LTD. The amount of the issue is 9,998,450 UAH
with a term from 20.05.2004 to 31.12.2007. In course of carrying out the ratings
analysis the rating agency sed full company financial disclosure for 2001-2004, as well
as other internal information provided by the
Issuer.
An issue rated «uaBB» is LESS EXPOSED TO NONPAYMENT than other speculative issues.
However, in case of adverse changes in business, financial or economic conditions the
issuer can have some difficulties in adequate capacity to meet its financial
commitments on the obligation.
