Credit-Rating Confirmed Euro Leasing Credit Rating
OREANDA-NEWS. June 29, 2010. Credit-Rating, an independent rating agency confirmed for fourth time the long-term credit rating of Euro Leasing bonds at "uaBBB-" level. Confirmation of debt obligations investment level during four years confirms sufficient solvency of the issuer as compared to other Ukrainian borrowers.
Against the background of the systematic recession of indexes of credit rating of most Ukrainian financial institutions during the current year, Euro Leasing once again confirms the credit rating of its bonds. Regular confirmation of credit rating of Euro Leasing bonds confirms to stable financial activity of company, successful strategy of risk management and abilities of retention leadership on the financial market.
The credit rating of Euro Leasing bonds according to the national scale was first defined on the 21st July 2007 at "uaВВВ" level. For this procedure the rating agency used financial statements and internal information of the company, as well as other information provided by reliable sources. The credit rating is based on independent financial analysis, and is the universal mechanism for reliability evaluation of the emitters’ debt obligations.