Credit-Rating Suspends Number of Issue Ratings
OREANDA-NEWS. On 17 March 2009 Credit-Rating, a nationally recognized credit rating agency in Ukraine announced that it suspended the long-term credit ratings assigned to bond issues of a number of companies following the bond issues` maturities, specifically to coupon bonds (series A and B) issued by Kiev-based Yukon Com LLC for the amount of UAH20m; housing bonds (series A-C) issued by Kiev-based Trade Company Deka LLC for the amount of UAH134.6m; housing bonds (series A-D) issued by Kiev-based Foundation Yakisne Zhytlo for the amount of UAH43.6m; housing bonds (series A-J) issued by Kiev-based Zhytlomarket-Invest Manufacturing Association LLC for the amount of UAH39.5m. Credit-Rating has also suspended the long-term credit rating assigned to discount bonds (series A) issued by Kiev-based Stroysotsservice CJSC for the amount of UAH90m,which was prompted by company`s failure to provide necessary information to the agency; the agency has also suspended the long-term credit rating assigned to Chernivtsi City Council, due to suspension in contractual relations with the agency. The rating`s suspension is a preliminary stage before the rating`s withdrawal.
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