The upgrade of the credit rating of Ukraine will facilitate access to international credit resources for Ukrainian companies and banks and will allow to optimize its work on domestic and international markets, RBC-Ukraine reports.
It is noted that Moody's Investors Service has upgraded the government issuer rating of Ukraine from Ca to Caa3: the forecast of rating has been changed from “negative” to “stable”.
The Ministry of Finance states that this upgrade is the direct and positive result of the Ukraine’s debt restructuring, which was completed on the 12th of November.
“Fitch and Moody’s decisions ,which were taken after the same decision of S&P on upgrade of Ukraine’s credit rating is a very important step to Ukraine’s return to the international market in the medium term, as envisaged by the IMF extended financing program”, as it is said in the message.
