Credit-Rating Withdraws Number of Ratings
OREANDA-NEWS. On 27 April 2009 Credit-Rating, a nationally recognized credit rating agency in Ukraine announced that it withdrew the following long-term credit ratings: the rating assigned to housing bonds (series A-C) issued by Cherkassy-based Krug-Budinvest LLC for the amount of UAH24.2m due to cancellation of certificate of State Commission for Securities and Stock Market; the rating assigned to coupon bonds (series A) issued by Dnepropetrovsk Oblast-based UTisT Nikopol Steel Pipe Factory CJSC for the amount of UAH50m, due to failure to furnish information to the agency; the rating assigned to coupon bonds issued by Kharkiv City Council for UAH505m due to expiration of contractual relation with the agency.
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