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.