August Saw 1 Default on Bonds with Speculative-Grade Rating
OREANDA-NEWS. September 14, 2010. Credit-Rating, a nationally recognized credit rating agency in
According to issue prospectuses 3 rated and outstanding bond issues for overall amount of UAH232m matured in August. The issues included 2 issuances of coupon bonds for the amount of UAH220m, and 1 issuance of housing bonds. Out of the issues offered for redemption,1 issue of coupon bonds for the amount of UAH25m was not repaid on time. Credit rating of this issue pertained to speculative grade of the National Rating Scale. For more information, please visit Credit-Rating’s web-site.
Credit-Rating agency has operated in the Ukrainian market since 2001 being committed to assignment of the national scale ratings. The agency has assigned 1099 ratings. As of Sep. 1, 2010 Credit-Rating maintains monitoring of 629 ratings, in fact 476 of corporate, 98 of financial and 55 of municipal sectors.
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