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Moody's Confirms Naftogaz Ukrainy's Rating of Ba3

Moody's Confirms Naftogaz Ukrainy's Rating of Ba3

6 February 2008

According to a press release, Moody’s has confirmed the corporate rating for Naftogaz Ukrainy at Ba3 and the rating of its USD 500 mln loan participation notes at Ba2 with a stable forecast. The ratings had been under review since August 2006 following government statements questioning its financial health.

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