KYIV, UKRAINE — AVANGARDCO INVESTMENTS PUBLIC LIMITED (LSE: AVGR) (the «Company» or «AVANGARDCO IPL»), the largest producer of shell eggs and egg products in Ukraine and the second largest in the world, announces that the rating agency Fitch Ratings (“Fitch”) has affirmed the company’s long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘B.’ Fitch has also affirmed the Company’s National Long-Term Rating at ‘A+(ukr).’ The outlook for the long-term ratings is Stable. The foreign currency senior unsecured rating has been affirmed at ‘B’/’RR4’.
Nataliya Vasylyuk, Chief Executive Officer of AVANGARDCO IPL, commented:
“We are very pleased that Fitch Ratings reaffirmed our rating as well as the stable outlook. The rating reflects strong financial results in 2011 as well as the steady growth of the Company going forward.”
Additional information: FTI London
Larisa Millings
Sophie Moate
+44 20 7831 3113
FTI Moscow
Oleg Leonov
+7 495 795 06 23
For investor relations enquiries:
Victoria Korolchuk
AVANGARDCO IPL
Head of Investor Relations
phone.: +38 044 593 28 60
mob.: +38 067 214 84 23
e-mail: v.korolchuk@avangardco.ua