“Fitch” raised Ukraine’s rating

“Fitch” raised Ukraine’s rating

“Fitch” international rating agency has upgraded Ukraine’s long-term issuer default rating in foreign currency from “RD” to “CC”.

“Report” informs about this with reference to the official website of the agency.

The upgrade of the credit rating is due to the agreement of Ukraine’s Eurobond holders to the restructuring of the foreign debt.

According to the agency’s analysts, this indicates the completion of the exchange of troubled debt and the elimination of limited default.

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