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Fitch withdraws ratings on Khreschatyk Bank's covered bonds

Fitch withdraws ratings on Khreschatyk Bank's covered bonds

30 January 2009

Fitch Ratings announced yesterday that it recalled its ratings on Khreschatyk Bank’s UAH 70 mln (USD 9 mln) covered bonds. The issue had been rated ‘B’ on the international scale and ‘A(ukr) on the national scale. The withdrawal follows the cancellation of the bonds, approved on Jan. 21 by the Ukrainian Securities and Exchange Commission.

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