KIEV, Jan. 14 - Fitch Ratings has stated that the recently adopted changes to the Ukrainian tax regime for agricultural producers are neutral for Kernel Holding S.A.'s and MHP S.A.'s 'CCC' ratings.

"The finally approved amendments to the Tax Code were more favorable for the companies than Fitch assumed in its conservative forecasts in September 2015, but the ratings are unchanged as they are constrained by Ukraine's Country Ceiling of 'CCC'," according to the document.