Forecast is "stable"
Independent Authorized Rating Agency «IBI-Rating» reports confirming the credit rating of secured registered bonds of PJSC "Kyiv cold industrial complex #2" for Series "A", "B" at the level uaBBB, "stable" forecast.
Long-term credit rating of a debt instrument of PJSC "Kyiv cold industrial complex №2" reflects considerable experience of General Contractor (JSC "Construction Company "Municipal Civil Building") in the construction industry, including large-scale residential developments. Building a club house «Gelios», which issued the trust bonds of series "A", "B" to finance, is implementing in Kiev (Holosiyivsky district), which has higher than in other regions of Ukraine, indicators of housing market. Today, construction of a club house «Gelios» is financed in full, and construction readiness as of 29.07.2013 was 100%. The issuer has filed declaration to IDABK in Kyiv on readiness of facility for operation.
On credit rating of a debt instrument may affect positively: reducing industrial risks and improving macroeconomic situation in country. Negatively may affect on the credit rating of debt instrument: adverse economic changes in the country.
For analytical study they used data received from JSC "Kyiv cold industrial complex № 2", including: the annual financial statements for 2012 and quarterly financial statements for 6 months of 2013, additional information about activity of PJSC "Kyiv cold industrial complex № 2", about a bond issue of series "A" and "B", other necessary internal information and information from publicly available sources that rating agency considers reliable.