Fitch confers BB- rating on Ukraine’s USD 500 mln Eurobonds
24 June 2008
Fitch Ratings announced yesterday it has assigned Ukraine’s upcoming five-year USD 500 mln Eurobond issue a BB- rating. The rating is in line with Ukraine’s sovereign long-term foreign currency Issuer Default Rating (IDR) of BB-, with a stable outlook. Interfax reported on the same day that Ukraine is currently conducting a road show for the issue. BNP Paribas, JP Morgan and Standard Bank were selected as lead managers.
