RA "Expert-Rating" updated the long-term credit rating of the issuer "CARDSERVICE" LLC and assigned a rating to series C bonds
19/11/2021
On November 19, 2021, the RA Expert Rating Committee decided to update the long-term credit rating of the borrower CARDSERVICE LLC (EDRPOU code 39551837) and the rating of CARDSERVICE Series A and B bonds at uaBBB on the national Ukrainian scale, and to assign a rating uaBBB on the national Ukrainian scale. A borrower or individual debt instrument with a uaBBB rating is characterized by sufficient creditworthiness compared to other Ukrainian borrowers or debt instruments. The level of creditworthiness depends on the impact of adverse commercial, financial and economic conditions. In making the relevant decision, the Agency was guided by the results of the analysis of the Company's activities for the nine months of 2021.