KYIV, Jan 28 – Fitch Ratings has assigned VF Ukraine, the second largest mobile operator in Ukraine, a Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'B', the outlook on the IDR is positive, Fitch has said on its website.

"Fitch has also assigned VFU Funding plc's (VFU Funding) proposed loan participation notes (LPNs) an expected rating of 'B (EXP')' RR4'/50%," the report says.