IBI-Rating affirmed the credit rating of the bonds of Svarog West Group subsidiary

IBI-Rating informs on the affirmation of the long-term credit rating of interest A series bonds of «EURASIA-SERVICE» LLC, a subsidiary of Svarog West Group, at uaBBB grade with a «stable» outlook.

The bonds with a par value of UAH 50 mln. issued with maturity in 2023, were issued to finance the purchase of mineral fertilizers and crop protection agents, as well as for payment of agricultural services.

Note: an obligor or a debt liability with uaBBB credit rating is characterized with the sufficient creditworthiness as compared to other Ukrainian obligors or debt liabilities. This level of creditworthiness is affected by adverse changes in commercial, financial and economic conditions.