NovaPay’s new bond issues have been assigned a high rating of uaAA

The rating agency “Standard-Rating” has assigned NovaPay* corporate bonds a credit rating of uaAA, one of the highest among Ukrainian non-bank financial institutions.

The rating was assigned to G, H, and I series bonds, recently placed at UAH 290 million. The G and H series securities are already available for purchase via the NovaPay mobile app, while the I series is listed on the stock exchange. The maturity of the G and H series bonds is from 1 to 12 months, and the yield is up to 18%, depending on the term.

In 2023, NovaPay issued three public interest-bearing bonds in series A, B, and C for UAH 100 million each. Last year, it issued six more series of bonds: D, E, F, G, H, and I. According to the third quarter results, the credit rating of bonds in the A, B, C, D, E, and F series is also uaAA.

* The issuer of the bonds is NovaPay Credit LLC.