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17.03.2006

Credit rating of NJSC Neftegaz Ukrainy withdrawn

Today independent rating agency Credit Rating announced the withdrawal of long-term credit rating of NJSC Neftegaz Ukrainy. This rating decision was caused by uncertainty of the companys long-term development prospects and of impact of factors affecting credit capacity of NJSC Neftegaz Ukrainy as the companys administration has not provided the rating agency with necessary comments or explanations. 

Long-term credit rating was assigned to NJSC Neftegaz Ukrainy by Credit Rating agency Jan. 13, 2005 at uaAA level by Ukrainian national scale. Nov. 11, 2005 agency downgraded the companys rating to uaA , changing the rating forecast to negative . Feb. 7, 2006 credit rating of NJSC Neftegaz Ukrainy was withdrawn.

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