Moody’s downgraded Ukraine’s rating from “Caa3” to “Ca” with a stable outlook


International rating agency Moody’s stated on the downgrade of Ukraine’s rating from “Caa3” to “Ca” with a stable outlook.

“Moody’s today downgraded its long-term foreign and local currency issuer rating and senior unsecured foreign currency rating to ‘Ca’ from ‘Caa3’ and changed the outlook to stable from negative,” the agency said in a statement.

The downgrade was influenced by the conflict in the country. The stable outlook, in turn, reflects the balance of risks inherent in the ‘Ca’ rating.


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