The Ministry of Finance welcomes the decision of S&P to upgrade
Ukraine’s sovereign long-term and short-term ratings to ‘B-‘ and ‘B’ respectively.
This is a direct and positive effect of the approval of Ukraine's
restructuring by holders of 13 out of 14 series of Ukraine's Eurobonds at the
meetings of bondholders held on 14 October 2015.
This represents the first step in the return of Ukraine to international
capital markets and will facilitate financing by international financial
institutions and export credit agencies. It will also facilitate
international financing of Ukrainian companies and banks.
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