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Moody’s places DTEK Holdings B2 rating on review for downgrade
Journal Staff Report

KIEV, Dec. 18 - Moody's Investors Service has placed the B2 long-term Corporate Family Rating (CFR) of DTEK Holdings Ltd (DTEK), the Ukrainian utility, on review for possible downgrade.

According to the agency, the placement for possible downgrade reflects "increasing refinancing risks on its sizable short-term debt in light of weakening macroeconomic fundamentals, a banking system that remains under strain, and political uncertainty before Ukraine's presidential election on January 17, 2010."




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