Moody's upgrades ukraine's sovereign rating to CAA3, outlook stable
Headlines via Reuters
- Concurrently, Moody's affirmed the CA rating of the government's US $3 billion bond scheduled to mature on 20 December, 2015
- Rating reflects progress in political and economic reform under the auspices of the imf-led programme
- Upgrade sovereign rating of ukraine's government due to settlement of restructuring of $15bln in privately-held eurobonds issued by government
Stable outlook reflects current balance of risks, taking into account both the stronger external position
