IBI-Rating has updated the credit ratings of housing bonds of the Issuer «Ukrzhylstroy plus» LLC

04.01.2018 Ukraine - Kyiv. National authorized rating agency IBI-Rating informs on downgrading of the long-term credit rating of housing bonds of B Series of the Issuer «Ukrzhylstroyplus» LLC from uaCC to uaC grade, with a «stable» outlook.
This rating action is due to non-fulfillment of pledges for the redemption of B Series housing bonds. Accordingly, an apartment house at the Hantadze Street N7b, in the town of Chernomorsk, Odessa region was not commissioned due to the periodic stoppage of construction work.

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 9 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.

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