Ovostar Union LLC was rated uaA by IBcontacts

June 11, 2012 - PRLog -- June 2012: IBcontacts has conducted a credit investigation on Ovostar Union LLC upon the request of a European state financial institution, as a part of the process of evaluating potential debt financing for the New investment program, on the basis of the official financial statements. Ovostar Union LLC was assigned a short-term credit rating at the level of uaA.

IBcontacts is a member of the American Chamber of Commerce and FCIB (Finance, Credit & International Business Association). IBcontacts conducts credit rating procedures according to specially developed methodology of assessing credit risk level of the companies from Ukraine and the CIS.

UaA credit rating means that Ovostar Union LLC has a high degree of solvency and financial stability.

Due to the assigned rating, Ovostar Union LLC confirmed its creditworthiness, reliability, and information transparency to the potential investors and partners. This credit rating will contribute the company in issuing corporate bonds, creating favorable credit history and financial reputation, attracting investments, and dealing with trade partners and foreign suppliers.

Credit rating is a universal tool for assessing reliability of debt obligations of a borrower as well as a credit risk fee.

IBcontacts company specializes in developing trade relations between Ukrainian companies and their foreign partners. The company works in the fields of trade, project and structured finance, credit management and trade facilitation, providing full range of financial, market research and legal services.

Ovostar Union Group of Companies is one of Ukrainian leading agro industrial companies, one of the TOP 3 Ukrainian egg producers. The main business areas are poultry, egg production, national distribution, dry and liquid egg products, sunflower oil, producing feed, sunflower meal and fuel briquettes.

For more information, please address Head of IBcontacts Communications Department Ms. Anna Dzhenkova via phone +38 044 359 02 00 or e-mail: pr@ibcontacts.com.ua