KIEV, June 14 – Fitch Ratings has assigned Ukraine's $1.25 billion eurobond, due June 17, 2016, a 'B' rating, the agency has said.
The eurobond has a coupon rate of 6.25%.
"The rating is in line with Ukraine's Long-term foreign currency Issuer Default Rating (IDR), which has a Stable Outlook," Fitch said in a statement on Monday.
Fitch notes that Ukraine's economic growth has been sustained, international reserves are growing and public finances are outperforming the budget.
|