The Ministry of Finance welcomes the decision of S&P to upgrade Ukraine to 'B-/B'

10/20/15

The Ministry of Finance welcomes the decision of S&P to upgrade Ukraine’s sovereign long-term and short-term ratings to ‘B-‘ and ‘B’ respectively.

This is a direct and positive effect of the approval of Ukraine's restructuring by holders of 13 out of 14 series of Ukraine's Eurobonds at the meetings of bondholders held on 14 October 2015.

This represents the first step in the return of Ukraine to international capital markets and will facilitate financing by international financial institutions and export credit agencies. It will also facilitate international financing of Ukrainian companies and banks.

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