Firma espi 2022-05-26 15:50

The Board of KSG Agro S.A. headquartered in Luxembourg (“the Company”) hereby informs that on May 23, 2022 the rating committee of RA “Expert-Rating” made a decision to update a long-term credit rating of KSG Agro S.A. at the level uaА+ according to the national scale (the rating according to the Agency’s international scale is at the level ВВВ). The borrower or the particular debt instrument with such rating is characterized by a high creditworthiness compared to other Ukrainian borrowers or debt instruments. The Agency updated the credit rating after the analysis of data of the consolidated statements of KSG Agro S.A for the 2021 year.
According to the results of the analysis, the following main conclusions have been drawn:

1. Throughout the 2021 year the shareholders’ equity of KSG Agro S.A. grew in 4,34 times and as at the beginning of the 2022 year amounted to USD 23,33 mln. The key factor of the increase of this indicator was the Company’s profitable activity and the reduction of retained loss in the structure of its shareholders’ equity. The liabiliti