confirmed rating is a direct and positive acknowledgement of the results of
foreign debt restructuring successfully completed by Ukraine on November 12 of
the current year by the emission of new bonds.
the debt restructuring Ukraine managed to reduce its debt by USD 3 b and to
postpone the payment of USD 8.5 for after 2018.
decision by S&P follows the decisions by Fitch and Moody’s to upgrade the
long-term sovereign credit rating of Ukraine from «Limited default probability»
to ССС and from Са to Саа3 respectively.
shows the result of Ukraine’s efforts aimed to reduce the debt burden on the
economy of Ukraine and thus to return to economic growth in 2016 already.