OREANDA-NEWS. January 12, 2011. December saw 10 credit ratings, 3 insurer strength ratings, and 1 bank deposit rating assigned by the agency, 4 credit rating have been downgraded, 9 credit ratings have been upgraded including 1 bank deposit rating, outlooks on 8 ratings have been revised, 9 ratings have been suspended and 6 ratings have been withdrawn.

INSURER STRENGTH RATINGS

December 24 Illichivska IC SLC (Kiev): an insurer strength rating of uaАins has been assigned to the company.

December 28 Illichivske ST OJSC (Kiev): an insurer strength rating of uaАins has been assigned to the company.

COUNTERPARTY RATINGS

Municipal sector

December 14 Odessa: the city’s long-term credit rating has been downgraded to uaBBB with negative outlook from uaA-.

Financial sector

December 2 Zoloti Vorota PJSC (Kharkiv): a long-term credit rating of uaBBB- carrying stable outlook has been assigned to the bank.

December 6 INDUSTRIALBANK JSCB (Zaporizhzhia): a long-term credit rating assigned to the bank has been upgraded to uaBBB+ with stable outlook from uaBBB.

December 15 EUROBANK CB PJSC (Kiev): a long-term credit rating of uaBBB- (provisional) with stable outlook has been assigned to the bank.

December 21 Ukrinbank JSC (Kiev): a long-term credit rating of uaBBB carrying developing outlook has been assigned to the bank.

December 22 Ukrgazprombank PJSC (Kiev): a long-term credit rating of uaBBB+ carrying stable outlook has been assigned to the bank.

December 24 Illichivska IC SLC (Kiev): a long-term credit rating of uaBBB+ carrying stable outlook has been assigned to the company.

December 28 Illichivske ST OJSC (Kiev): a long-term credit rating of uaBBB+ carrying stable outlook has been assigned to the company.

December 29 INDEX-BANK PJSC (Kiev): the long-term credit rating assigned to the bank has been upgraded to uaA+ with stable outlook from uaA.

ISSUE RATINGS

Municipal sector

December 14 Odessa city council: the long-term credit rating assigned to UAH400m issue of 5-year coupon bonds has been downgraded to uaBBB with negative outlook from uaA-.

Corporate sector

December 23 TOR, Scientific and Research Centre LLC (Kiev): the long-term credit rating assigned to the company’s UAH20m issue of 5-year discount bonds has been downgraded to uaCCC with stable outlook from uaB.

December 29 Sentyabr PE (Kharkiv): the long-term credit rating assigned to UAH30.6m issue of 2-year registered housing bonds (series A) has been downgraded to uaCCC with positive outlook from uaB-.

December 30 Ilion LLC (Kiev): the long-term credit rating assigned to UAH49m issue of registered housing bonds (series A, B) has been upgraded to uaBBB with stable outlook from uaBBB-.

December 30 Energomashspetsstal OJSC (Kramatorsk): the long-term credit rating assigned to UAH350m issue of registered coupon bonds (series A) has been upgraded to uaBB+ with stable outlook from uaBB-.

Financial sector

December 9 Eurogasbank JSC (Kiev): a long-term credit rating of uaBBB- carrying stable outlook has been assigned to bank’s UAH100m issue of 5-year registered coupon bonds (series B).

December 16 Platinum Bank PJSC (Kiev): a long-term credit rating of uaA carrying stable outlook has been assigned to UAH100m issue of registered coupon bonds (series B).

Credit-Rating agency has operated in the Ukrainian market since 2001 being committed to assignment of the national scale ratings. The agency has assigned 1128 ratings, specifically to 855 Ukrainian companies, 202 financial institutions and 71 municipalities and their debts, 1 corporate governance rating, 88 bank deposit ratings and 7 insurer strength ratings.