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20.11.2008
Credit-Rating revises rating outlooks of companies in metallurgy sector
Credit-Rating has today announced that it revised rating outlooks of a number of companies operating in metallurgy sector.
The outlooks on ratings uaBBB assigned to bonds (series C and D) issued by MD Group LLC, on rating uaBBB assigned to bonds (series A) issued by MD Holding LLC, and on rating uaBBB assigned to Zaporizhzhia Ferroalloys Works OJSC, have been revised to negative from stable.
The negative outlooks on ratings of these companies and on ratings assigned to their bonds exhibit the probability that the ratings may be downgraded in the course of the year due to negative trends in the segment of ferrous metals, and due to possible erosion in companies` liquidity prompted by limited access to credit resources. Further rating actions will be contingent upon impact of these negative trends on key figures of these companies.
For more information, please
contact:
Information and analytic department
Sergey
Rozumyak +38 044 490 25 50
SRozumyak@credit-rating.com.ua
