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IBI-Rating has affirmed the credit rating of housing bonds B Series of the Issuer «Ukrzhylstroy plus» LLC at uaCC grade

30.06.2017
IBI-Rating informs on the affirmation of the long-term credit rating of housing bonds of B Series of the Issuer «Ukrzhylstroyplus» LLC at uaCC grade, with a «negative» outlook.

The bonds were issued to financing the construction of an apartment house at the Hantadze Street N7b, in the town of Chernomorsk, Odessa region. Low activity and periodic stoppage of construction work cause a significant delay in meeting the obligations to transfer the premises to the owners of bonds, the maturity of which ended in January 2016.

In order to carry out the analytical research the materials provided by «Ukrzhylstroyplus» LLC have been used, including the financial statements for 2014-2016 and 3 months of 2017, the background information on the activities of «Ukrzhylstroyplus» LLC, the information on the issue of B series bonds, other necessary internal information, as well as the information from the public sources, which the Rating agency considers credible.

Corporate department

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