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IBI-Rating has affirmed the credit rating of A series bonds of "TORGIMPORT" LLC at uaB grade

11.01.2016
IBI-Rating informs on the affirmation of the credit rating of registered discount unsecured bonds of A series of the issuer "TORGIMPORT" LLC at uaB, with a "stable" outlook.

The credit rating of the debt instrument reflects the instability of the financial results of "TORGIMPORT" LLC and its dependence on external funding sources. IBI-Rating notes information closeness and non-transparency of the Issuer. A positive impact on the credit rating may have, as follows: improved financial results at simultaneous growth of performance indicators and reduced debt burden. A negative impact on the credit rating may have, as follows: default on obligations on the bonds; deterioration of the political and economic situation in the country.

In order to carry out the analytical research the materials provided by "TORGIMPORT" LLC were used, including, financial statements for 9 months of 2015, background information on the activity of "TORGIMPORT" LLC, information on the issue of A series bonds, other necessary internal information as well as the information from the public sources, which the Rating agency considers reliable.

Corporate department
For more information please contact:
Press service of IBI-Rating
(044) 362-90-84
press(at)ibi.com.ua