KIEV, Oct. 6 – Fitch Ratings has taken the following rating actions on Ukraine: Long-term foreign currency issuer default rating (IDR) was downgraded to 'RD' (Restricted Default) from 'C'; Long-term local currency IDR was affirmed at 'CCC'; while Short-term foreign currency IDR was downgraded to 'RD' from 'C'.
What is more, Fitch said in a statement, Senior unsecured foreign-currency issue ratings on all outstanding external issues were affirmed at 'C'; Senior unsecured local-currency issue ratings were affirmed at 'CCC'; and Senior unsecured foreign-currency issue ratings on all outstanding domestic issues were affirmed at 'CCC.'
Ukraine's country ceiling was affirmed at 'CCC.'
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