| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers K > Headlines for Kyivstar GSM JSC > News item |
Moody's ups Kyivstar loan, notes to B1
Moody's Investors Service said it upgraded the long-term ratings of JSC Kyivstar GSM to B1 from B2. The outlook is stable.
Moody's upped Kyivstar's $266.4 million loan participation notes due 2009, $75 million senior secured revolving credit facility and $40.5 million outstanding loan participation notes due 2005 and its senior implied rating and issuer rating to B1 from B2.
The upgrade reflects the company's continued robust operational and financial performance fuelled by subscriber growth on the Ukrainian mobile market, Moody's said.
As of Dec. 31, 2004, the company had a modest leverage of 0.8x total debt / EBITDA.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.