NovaPay’s bonds have been affirmed with a high credit rating

The rating agency “Standard-Rating” has upgraded the credit rating of NovaPay’s corporate bonds*, affirming it at uaAA. This means the company’s securities have a very high creditworthiness compared to other Ukrainian debt instruments.

This rating was assigned to bonds of all NovaPay series issued in 2024: A, B, C, D, E, F, G, H, and I.

The securities are available for purchase online in the company’s app for a term for 1 to 12 months, with a yield of up to 18%, depending on the investment period. A series of NovaPay’s bonds are also listed on Ukrainian exchanges: series A-I are included in the list of unlisted securities on the PFTS and Perspectyva, and series A-F are listed on the Ukrainian Exchange.

“The affirmation of the high credit rating shows confidence in our company and its financial strength. We continue to use the funds raised from the bond issue to finance our business and develop loan products. Listing our bonds on leading Ukrainian exchanges opens up new opportunities for investors, and the availability of our bonds in a mobile application attracts ordinary Ukrainians to invest. About 4,300 customers have already purchased our bonds, investing more than UAH 1.2 billion in them,” comments Ihor Prykhodko, CFO of NovaPay.

In 2023, NovaPay made three public issues of interest-bearing bonds of UAH 100 million each in the A, B, and C series. Last year, it issued six more bond series: D, E, F, G, H, and I. NovaPay bonds can be purchased in the NovaPay app. It is fast, easy, and convenient. Moreover, the yield is higher than on bank deposits.

* The issuer of the bonds is NovaPay Credit LLC