Fitch assigns Ukrsibbank’s USD 2 bln LPNs final ratings
24 July 2008
Fitch Ratings announced yesterday it has assigned Ukrainian MTN Finance Plc’s USD 2 bln LPN program a final long-term BB- rating for notes with maturities in excess of one year and a final short-term B rating for notes with maturities of less than one year. The notes are to be used solely for financing loans to Ukrsibbank. At the same time, Fitch assigned the program’s USD 250 mln 9.25% Series 1 issue with a maturity in August 2011 a final BB- rating.
