Standard & Poor’s raised Ukraine Credit Ratings

On May the 17th, 2010 the Standard & Poor’s raised credit ratings of Ukraine. Long term and short term sovereign credit ratings under obligations in foreign currency were raised from B-/C to B/B and obligations in national currency from B/В to B+/B. Also Ukraine rating on national scale was raised from uaA to uaA+.

This event demonstrates the growth of Ukraine investment attractiveness.

The rating’s forecast is Stable.

Standard & Poor’s informs that upgrade is caused by improvement of political coordination, stabilization of external liquidity position and also moderate debt load of the country.