City of Odesa’s B+ Rating Affirmed By Fitch
19 June 2008
Yesterday Fitch Ratings affirmed the City of Odesa’s long-term foreign and local currency ratings at B+, and its short-term foreign currency B rating. The outlook on the long-term ratings is stable. Odesa, the third largest city in Ukraine, is planning to place its debut Eurobond issue (~ USD 64 mln) by July.
