KIEV, Aug. 10 - Fitch Ratings says that it would expect Ukraine to have completed the restructuring before a $500 million eurobond maturity payable on September 23 and the second review of the International Monetary Fund's, also in September.

"On the announcement of a debt restructuring deal Fitch would expect to downgrade Ukraine's Long-term foreign currency Issuer Default Rating (IDR) to 'C'," Fitch said in a statement affirming Ukraine's Long-term foreign currency IDR at 'CC' and local currency IDR at 'CCC'.