The EUR 85 million loan to MHP, a leading Ukrainian agri-food producer, supports the construction of grain elevators and storage located in western Ukraine.More >
On 29.08.2014 Fitch Ratings has downgraded 7 Ukrainian companies' ratings, 5 of which are agro holdings (MHP, Avangard, Kernel, UkrLandFarming, Creative Group) from ' B- ' to 'CCC', following the agency's rating action on the Ukrainian sovereign local currency rating. The downgrade is reported in a message from Fitch Ratings.
Long-term foreign currency rating for these companies is affirmed at 'CCC'.
Kiev, Ukraine, June 24, 2014—IFC, a member of the World Bank Group, is providing up to $250 million in debt financing to expand leading poultry producer Myronivsky Hliboproduct (MHP), which employs over 30,000 people, and to develop Ukraine’s agribusiness sector, a key driver for the economy.More >
Moody's Investors Service has today downgraded to Caa2 the corporate family ratings (CFR) and Caa2-PD the probability of default ratings (PDR) of MHP S.A. and four other companies operating in Ukraine.More >
On March 31, 2014 MHP S.A. announced a new Stakeholders’ Engagement Plan in cooperation with the International Finance Corporation. The Plan will be implemented at all of the Company’s enterprises (numbering more than 30 units in 13 regions of Ukraine) by the end of this year.More >
Standard & Poor's Ratings Services today said it lowered its long-term foreign currency corporate credit ratings on Ukraine-based agribusiness company MHP S.A. to 'CCC+' from 'B-'. Simultaneously, S&P affirmed 'B-' long-term local currency rating on the company. The outlook on both ratings is negative.More >
At the same time, they affirmed our 'B-' long term foreign and local currency corporate credit ratings on the company.
S&P also affirmed 'B-' issue rating on MHP's senior unsecured notes. The
recovery rating on these notes is unchanged at '3', indicating expectation
of meaningful (50%-70%) recovery in the event of a payment default.