KYIV, March 2 - Fitch Ratings has affirmed Ukraine-based DTEK Energy B.V.'s (DTEK) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'RD' (Restricted Default), the agency said on its website.

"We have also affirmed DTEK's U.S. dollar eurobond senior unsecured rating at 'C' with a Recovery Rating of 'RR5'," it said.

"DTEK's Fitch-calculated debt at end-2020 was about $ 2.3 billion (UAH 65 billion), of which about $ 2 billion (UAH 57 billion) falls under restructuring. DTEK plans to finalist the restructuring by end-April 2021. The affirmation reflects DTEK's continued negotiation with lenders on restructuring the company's existing debt," the paper said.