Credit-Rating Will Assign Rating to Rise CJSC
OREANDA-NEWS. On 21 February 2008 Credit-Rating, a nationally recognized credit rating agency in Ukraine announced that it initiated a procedure of assignment of a long-term credit rating to UAH100m 3-year coupon bonds (A series) to be issued by Kiev-based Rise Company CJSC (`Issuer or `company`). The company`s primary activity is wholesale trade of agricultural machinery and spares, crop protection products, seeds, mineral fertilizers, and agricultural products. In the course of analysis Credit-Rating will consider Issuer`s financial statements and its other information submitted.
A credit rating assigned to a debt obligation indicates obligor`s capacity to timely and in full meet its commitments on the obligation. In the view of a rating`s level, investors may assess investment risks associated with the purchase of Issuer`s bonds.
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