Credit-Rating Will Rate Zoloti Vorota`s Bond Issue
OREANDA-NEWS. On 25 April 2008 Credit-Rating, a nationally recognized credit rating agency in Ukraine announced that it will assign a long-term credit rating to coupon bonds (series A) to be issued by Kiev-based Zoloti Vorota Corporation (`Issuer` or `company`). The amount of the issue is UAH200m, with 3 Ѕ-year original maturity. The company`s principal activity is production of road building materials, construction of cottage villages and of office and residential buildings, renovation and extensive repairs of roads and airports. In the course of analysis Credit-Rating will consider Issuer`s financial statements and its other inside information.
A credit rating assigned to an obligor (entity) indicates its capacity to timely and in full meet its commitments on obligations. 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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