Credit-Rating Will Rate Fozzy-Food LLC`s Bond Issue
OREANDA-NEWS. On 07 August 2008 Credit-Rating, a nationally recognized credit rating agency in Ukraine, announced that it will assign a credit rating to UAH150m 3-year upcoming interest-bearing bonds (A series) to be issued by Kiev-based Fozzy-FoodLLC (`Issuer` or `Company`). The company`s principal activity is wholesale and retail trade of foodstuffs and nonfoods. In the course of analysis Credit-Rating will consider Issuer`s financial statements and its other inside information.
A credit rating assigned to an issue of debt securities indicates issuer`s 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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