NovaPay's commitments confirmed credit rating – uaAA
The rating agency Standard-Rating has updated the credit rating of NovaPay* corporate bonds to uaAA. This indicates a very high creditworthiness of the company and its securities compared to other financial instruments in Ukraine.
This rating was given to bonds of series A, B, C, D, E and F. The securities are available for purchase online in the company's application for a term of 1 to 12 months, with a yield of up to 18% depending on the investment term.
"We want our clients to be confident in our financial stability, confirmed by a specialized rating agency. During the sale of our corporate bonds, more than 3,000 thousand Ukrainians purchased them, investing more than 740 million hryvnias in our company. The funds we raise from the sale of bonds are directed to the development of NovaPay credit products, which are already working effectively,” comments Igor Prykhodko, CFO of NovaPay.
As a reminder, in 2023, NovaPay registered three public issues of interest-bearing bonds of series A, B, and C of UAH 100 million each. Last year, the company issued three more issues of such securities – series D, E, and F. The previous credit rating of the NovaPay issuer, assigned based on the results of the second quarter, is also uaAA.