Ukraine, Government of -- Moody's upgrades Ukraine's sovereign rating to Caa3, outlook stable

New York, November 19, 2015 -- Moody's Investors Service has today upgraded Ukraine's government issuer rating to Caa3 from Ca. The rating outlook was changed to stable from negative. The nine new bonds created in Ukraine's debt exchange operation were rated Caa3, and the ratings of the 13 bonds they replaced -- including the three bonds issued by a government-guaranteed entity called Financing of Infrastructural Projects (Fininpro) in 2011 -- were withdrawn. The issuer rating of Fininpro was also raised to Caa3 from Ca, in line with the government's rating.

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