OREANDA-NEWS. On 01 April 2008 was announced, that March saw 29 ratings assigned by Credit-Rating, 17 ratings have been upgraded, outlooks on 23 ratings have been revised, 21 ratings have been suspended, 2 ratings have been downgraded and 4 ratings have been withdrawn.

ISSUER RATINGS

Financial sector

March 7 Ivano-Frankivsk-based Plus Bank OJSC has been assigned a long-term investment grade rating of uaBBB.

March 12 Kharkiv-based Innovational-Industrial Bank OJSC has been assigned a long-term investment grade rating of uaBBB-.

March 17 Kiev-based Energobank JSB has been upgraded to uaBBB+ from uaBBB.

March 28 Kharkiv-based Golden Gate JSCB has been assigned a long-term investment grade rating of uaBBB-.

Corporate sector

March 26 Zaporozhye-based Zaporozhye Ferroalloys Plant OJSC has been assigned a long-term investment grade rating of uaBBB.

ISSUE RATINGS

Municipal sector

March 31 Lutsk city council: a long-term investment-grade rating of uaBBB+ has been assigned to upcoming UAH30m 5-year issue of unregistered coupon bonds (1-B series).

Corporate sector

March 4 Donetsk-based Direction of Office Buildings LLC: a long-term credit rating assigned to issues of registered housing bonds for UAH43.4m (series C) and UAH8.8m (series D) with 5-year original maturity has been upgraded to uaBB- from uaB+, with the rating outlook revised to stable.

March 5 Kharkiv-based Angram-Invest LLC: a long-term speculative grade rating of uaB has been assigned to upcoming issue of registered housing bonds (series A-C) for the amount of UAH25.1m with 2-year original maturity.

March 6 Simferopol-based Nord-service-shipping LLC: a long-term speculative grade rating of uaB+ has been assigned to upcoming issue of registered housing bonds (series C-G) for the amount of UAH69m with 6-year original maturity.

March 13 Truskavets-based Hotelbud LLC: a long-term speculative grade rating of uaB has been assigned to upcoming issue of registered housing bonds (series A) for the amount of UAH25m with 5-year original maturity.

March 14 Kiev-based Firma Ukrtorg LLC: a long-term speculative grade rating of uaB- has been assigned to upcoming issue of registered housing bonds (series A-BP) for the amount of UAH530.1m with 4-year original maturity.

March 17 Kiev-based Liko-Holding LLC: a long-term investment grade rating of uaBBB+/negative outlook has been assigned to upcoming issue of registered housing bonds (series AD-AZ) for the amount of UAH727.2m with 5-year original maturity.

March 19 Kiev-based Balford Ukraine LLC: a long-term investment grade rating of uaBBB- (provisional) has been assigned to issue of registered coupon bonds (series A) for the amount of UAH25m with 3-year original maturity.

March 20 Dnepropetrovsk-based Budivel LLC: a long-term speculative grade rating of uaBB- has been assigned to upcoming issue of registered housing bonds (series A-C) for the amount of UAH41.3m with 2 Ѕ-year original maturity.

March 20 Kiev-based Misto LLC: a long-term rating assigned to issues of registered housing bonds for the amount of UAH88.3m (series I-K), UAH9.6m (series R) and UAH28.5m (series T) with 2 Ѕ-year original maturity has been upgraded to uaBB- from uaB, with the rating outlooks revised to stable.

March 21 Boryspil-based Systemabud LLC: a long-term speculative grade rating of uaB- (provisional) has been assigned to upcoming issue of registered housing bonds (series D-H) for the amount of UAH115.9m with 2-year original maturity.

March 24 Kiev Oblast-based Company on Organizing the Residential Construction: a long-term rating assigned to issue of registered housing bonds (series A) for the amount of UAH20.7m with 2 Ѕ-year original maturity has been upgraded uaB- from uaCCC with the outlook revised to stable.

March 24 Alushta-based Planeta PE: a long-term speculative grade rating of uaB has been assigned to issue of registered housing bonds (series A-C) for the amount of UAH16.7m with 3-year original maturity.

March 27 Dnepropetrovsk-based Cultural-Business Centre LLC: a long-term rating assigned to issues of registered housing bonds for the amount of UAH16.6m (series A) and UAH14m (series B) with 3 Ѕ-year original maturity has been upgraded to uaB from uaB-, with the outlook revised to stable.

Financial sector

March 18 Ivano-Frankivsk-based Plus Bank OJSC: a long-term investment grade rating of uaBBB has been assigned to upcoming issue of registered coupon bonds (series A) for the amount of UAH75m with 3-year original maturity.

March 25 Kiev-based Mortgage Company Arkada-Fund LLC: a long-term investment grade rating of uaA has been assigned to closed issues of registered coupon bonds for the amount of UAH80m (series U) and UAH40m (series V) due Jun. 25, 2010.

March 28 Kharkiv-based Golden Gate JSCB: a long-term investment grade rating of uaBBB- has been assigned to upcoming issue of registered coupon bonds (series A) for the amount of UAH50m with 5-year original maturity.

Credit-Rating agency has operated in the Ukrainian market since 2001 being committed to assignment of the national scale ratings. The agency has assigned 817 ratings, specifically to 624 Ukrainian companies, 150 financial institutions and 42 municipalities, and 1 corporate governance rating.

As of April 01, 2008 Credit-Rating maintains monitoring of 708 ratings, in fact 534 of corporate, 139 of financial and 35 of municipal sectors.