Credit rating of the bonds of Svarog-Dnister affirmed at uaBBB

IBI-Rating affirmed the long-term credit rating of interest A series bonds of Svarog-Dnister LLC, a part of «Svarog West Group», at uaBBB grade with a «stable» outlook.

The bonds of par value amounting to UAH 100 milliom maturing in 2023 were issued for paying for agricultural services, financing the purchase of crop protection agents, mineral fertilizers, seeds, as well as repaying of financial support.

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.