KYIV, June 26 – The Fitch Ratings has affirmed Ukraine's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'CC,' the agency has said on its website.
"The affirmation of Ukraine's Long-Term Foreign-Currency IDR at 'CC' reflects Fitch's expectation of a further commercial debt restructuring before the two-year standstill on Eurobond payments expires in September 2024," the agency said.
|