29.12.2008, 18:50
Concern Khlibprom Breaks Agreement with LTD «Credit-Rating»
OREANDA-NEWS. On 29 December 2008 was announced, that OJSC "Concern Khlibprom" plans to break agreement with LTD "Credit-Rating" regarding to the update of rating of series D bonds. In the company, taken actions are explained by the decline which is observed in the fund market, which is caused by economic crisis, and, as a result, practically complete absence of demand for bonds. In addition, 95% of bonds are redeemed by the company and are not being circulated. Consequently, in specialists opinion subsequent confirmation of rating of series D bonds emission is not actual.
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