After Ukraine’s successful debt restructuring, the Fitch agency raised the country’s hryvnia rating. The rating agency Fitch Ratings, after the completion of Eurobond debt restructuring, raised the long-term issuer default rating (IDR) of Ukraine in local currency to CCC+ from CCC- and confirmed the ... #CreditRatingUkraine #DefaultUkraine #Eurobond #FitchRatings #ukrainedebt #UkraineEconomy
Fitch Ratings assesses Ukrainian Railway’s financial condition. International rating agency Fitch Ratings raised the long-term default ratings of the issuer Ukrzaliznytsia (UZ) and its $894.9M in Eurobonds from C to CC. Despite a high probability of default, anal... #CreditRatingUkraine #FitchRatings #UkrainianRailways
Fitch Ratings lowers Ukraine’s credit rating to limited default. In particular, the issuer’s long-term foreign currency default rating was downgraded from C to RD (restricted default), Fitch Ratings said in a statement. This rating level means that the issuer... #Creditors #DebtRestructuring #DefaultUkraine #eurobonds #FitchRatings #ukrainedebt #ukravtodor
The S&P assesses the duration and consequences of the war for Ukraine’s economy. The international rating agency S&P Global Ratings notes high uncertainty regarding the scope, results, and consequences of the Russian war in Ukraine. “If the economy begins to recover, giv... #FitchRatings #GDPinUkraine #StandartandPoor #UkraineEconomicForecast #UkraineEconomy #WarinUkraine
Fitch downgraded Ukraine’s rating to pre-default level after its debt restructuring deal. Fitch Ratings downgraded Ukraine’s long-term issuer default rating (IDR) in foreign currency from CC to C. “Ukraine’s downgrade reflects Fitch’s view that the agreement in prin... #DebtRestructuring #DefaultUkraine #FitchRatings #imf #ukrainedebt #UkraineEconomy
Credit rating agency Fitch Ratings has assessed Ukraine’s banking sector. Ukraine’s banking sector has demonstrated considerable resilience during the war, aided by supportive monetary policy and lenient regulation, Fitch Ratings notes. “We expect the main lendi... #CreditRatingUkraine #financeUkraine #FitchRatings #UkraineBankingSector #UkraineEconomy
Fitch has confirmed Ukraine’s likely default and improved Ukraine’s GDP growth forecast to 5.1% this year. International rating agency, Fitch Ratings, has confirmed Ukraine’s long-term issuer default rating (EDR) in foreign currency at the CC level. Fitch expects the war to continue through 2024. At ... #defaultinukraine #FitchRatings #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #WarinUkraine
The Fitch agency is convinced that international financial support for Ukraine will not weaken in 2024. International agency Fitch Ratings expects that international aid to Ukraine for 2024 will be only slightly lower than the amount forecasted for 2023, $43B, despite the political risks associated with... #DragonCapital #EFFprogram #financialaidforUkraine #FitchRatings #UkraineBudget #UkraineFacility
Fitch Ratings confirms Ukrainian Railways’ insufficient creditworthiness. The rating agency confirmed UZ’s long-term CC credit rating, which corresponds to Ukraine’s current sovereign credit rating. The agency raised UZ’s standalone credit profile CCC- to CC, th... #FitchRatings #RailwayInfrastructure #UkrainianRailways #UZcreditRating #YevhenLyashchenko
Fitch has confirmed the likely default of the Ukrainian energy company. The Fitch Ratings agency confirmed the long-term default rating for the NEC Ukrenergo electricity system company at the CC level (probable default) and the priority unsecured rating of its $825M in st... #FitchRatings #UkraineEnergy #Ukrenergo
Fitch updated PrivatBank’s rating to CCC-. Fitch Ratings has affirmed Joint-Stock Company Commercial Bank PrivatBank’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at CCC- and Long-Term Local-Currency (LTLC) at CCC. The Viabili... #CreditRatingUkraine #FitchRatings #PrivatBank #UkrainianBanks
Fitch changed the ratings of two Ukrainian state banks. The international rating agency, Fitch Ratings, raised the stability ratings of two state banks of Ukraine – Oschadbank and Ukrgasbank – and confirmed the rating of another state bank R... #FitchRatings #oschadbank #UkrainianBanks #Ukreximbank #Ukrgasbank
Fitch confirmed Ukraine’s rating at CC and the hryvnia at CCC-. Fitch Ratings has confirmed Ukraine’s long-term Issuer Default Rating (IDR) in foreign currency at the CC level, the agency said on its website. The confirmation of Ukraine’s IDR in foreig... #BondsUkraine #EuroBondsUkraine #FitchRatings #HryvniaRating #UkraineRating
Fitch still foresees a potential Ukrainian capital default. The international rating agency, Fitch Ratings, has quoted Kyiv’s long-term issuer default rating (IDR) in foreign currency at CC and the national currency at CCC-. According to the agency count... #FitchRatings #KyivCreditRatings #UkraineEconomy
Fitch confirmed the limited default of Naftogaz of Ukraine. The international rating agency Fitch Ratings has confirmed the long-term default rating of the issuer Naftogaz of Ukraine at the RD level as attempts to restructure two issues of Eurobonds continue, ... #FitchRatings #Naftogaz
Fitch Ratings forecasts the growth of Ukraine’s economy in 2023. The American rating agency Fitch forecasts Ukraine’s GDP will grow by 2% in 2023, as the war prevents the return of large numbers of refugees or large-scale investment, and power outages create ... #FitchRatings #InflationinUkraine #UkraineEconomy #UkraineGDP
Fitch confirmed Ukraine’s likely default. Fitch Ratings has confirmed the long-term default rating of the issuer of Ukraine in foreign currency at the CC level, the agency’s website says. This reflects Fitch’s view that further re... #defaultinukraine #FitchRatings #UkraineEconomy
Fitch has raised the rating of state electricity transmission company Ukrenergo. The international rating agency Fitch Ratings raised the priority unsecured rating of Ukrenergo’s state-guaranteed bonds totaling $825M from C to CC after the company restructured. According to the an... #FitchRatings #Ukrenergo
Fitch upgrades the rating of Ukrainian Railways. The international rating agency Fitch Ratings has raised the long-term default rating of the foreign currency bond issuer Ukrainian Railways (UZ) from C to CC, announced the agency. The revision of th... #FitchRatings #UkrainianRailways
Fitch confirms the ratings of Ukrainian state banks. The rating agency Fitch Ratings confirmed the long-term issuer default ratings of seven Ukrainian banks in foreign and national currency at the level of CCC- and CCC, respectively, the agency said. Th... #FitchRatings #UkrainianBanks
Fitch Ratings no longer sees a threat of Ukrainian default. The international agency Fitch Ratings has raised Ukraine’s long-term rating in foreign currency from RD (limited default) to CC (very high credit risk). The increase in the rating corresponds w... #defaultinukraine #FitchRatings
Fitch Ratings has given its price dynamics forecast for Ukraine. Fitch Ratings predicts that inflation in Ukraine will accelerate from 22.2% in July to 30% by the end of 2022. The inflationary increase will remain high in 2023, at an average level of 20%. It is not... #FitchRatings #InflationinUkraine
Fitch and S&P downgraded Ukraine’s rating to limited default. On August 12, rating agencies Fitch and S&P downgraded Ukraine’s credit ratings in connection with the postponement of state debt payments for two years. As UBN reported earlier, the repayme... #CreditRatingUkraine #defaultinukraine #FitchRatings #StandartandPoor
Fitch has downgraded Naftogaz, Ukrenergo, and Ferrexpo ratings. Fitch, the international rating agency, lowered the long-term rating of Naftogaz in foreign currency to the level of RD (limited default). The agency said that this happened after the company failed t... #ferrexpo #FitchRatings #Naftogaz #Ukrenergo
Fitch gives a negative forecast for Ukraine’s GDP, inflation, and budget deficit. The international Fitch Ratings agency predicts Ukraine’s state budget deficit in 2022 will be at 29.1% of GDP, which is a record-high indicator. The growth of consumer prices in Ukraine will ac... #FitchRatings #GDPinUkraine #InflationinUkraine
Fitch Ratings has warned of the threat of default by Russia. If Russia covers the coupon debt on two issues of bonds in rubles, the Fitch agency will declare a sovereign default on Russia’s obligations after 30 days. Russia is due to pay $117 million (€1... #DefaultofRussianAgressor #FitchRatings #RussiaDefault
Fitch suspends business in Russia. According to a press release from the group, Fitch Group has decided to stop business in Russia immediately. The Group’s operations include credit ratings and other services provided to Russia ... #FitchRatings
Fitch downgraded Naftogaz’s credit rating outlook. According to Fitch, the revised Naftogaz’s rating has changed from positive to stable. At the same time, the agency left Naftogaz’s credit rating unchanged at level B, which reflects the risk of... #FitchRatings #Naftogaz
Fitch Ratings downgraded Ukraine’s GDP growth forecast for 2022 to 2.9% from 3.9% in August last year due to the slowdown in real wage growth and private consumption, lower domestic demand amid heightened geopolitical risk, and high gas prices. By 2023, GDP growth is projected to a... #FitchRatings #UkraineRatings
International rating agency Fitch lifts the rating of Ukrainian state banks ratings to “B” (interfax). Fitch confirmed Ukreximbank’s resilience rating to “B-“, and the long-term issuer default ratings (IDRs) of the state-owned PrivatBank, Oschadbank, Ukreximbank, and Ukrga... #FitchRatings #UkraineBanking #UkraineBanksRatings #UkraineRatings
Record-High Gas Prices Affect Many European Corporate Sectors reported Fitch Ratings. Record-high natural gas prices are putting pressure on supply chains of many European corporate sectors, including non-integrated energy suppliers, fertilizer producers and consumer goo... #FitchRatings #gasprices #GasPricesEU
Fitch Ratings revise IDRs of major Ukrainian cities. The international rating agency Fitch Ratings has updated the forecast on the Long-term Issuer Default Ratings (IDRs) of Kyiv, Dnipro, Kharkiv, Lviv, Mariupol, Mykolaiv, and Odesa in foreign and local... #CreditRatingUkraine #FitchRatings
International rating agency Fitch Ratings has upgraded its outlook of Ukraine’s four big state banks — Oschadbank, PrivatBank, Ukreximbank and Ukrgasbank — from ‘stable’ to ‘positive.’ The Moscow office of Fitch confirmed at ‘B’ their long-term issuer default ratings in foreign and nation... #FitchRatings #UkraineRating
Fitch Ratings revises Ukrainian Railway’s Long-Term Issuer Default Rating, senior unsecured debt, and its SPVs on Rating Watch Negative, the agency announced on April 29. The change reflects the company’s weakened liquidity position, according to the agency’s assessments. As of April, Ukrainian Railway’s liquidity coverage ratio, calcu... #FitchRatings #UkraineRailways #UkraineRailwaysDebt
Fitch Ratings affirms MHP’s long-term issuer default rating in foreign and national currencies at “B +” with a stable outlook. “The Long-term Local Currency IDR of MHP SE at ‘B +’ reflects a growing share of profits outside the country, as well as a strong business profile of MHP with a reasonable scale and ... #FitchRatings #UkraineRating
