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Thursday, December 2, 2021
HomeBusinessFitch Ratings upgrades Vodafone Ukraine rating to “positive”

Fitch Ratings upgrades Vodafone Ukraine rating to “positive”

The agency confirmed all the company’s ratings, including the long-term issuer default rating at “B”

The international rating agency Fitch Ratings changed the forecast of PJSC VF-Ukraine, which operates under the Vodafone Ukraine brand, from “stable” to “positive”. This is stated in the message of the agency/

In addition, Fitch reaffirmed all Vodafone Ukraine ratings, including the issuer’s long-term issuer default rating (IDR).

It is noted that such changes followed the change in the forecast of Ukraine’s sovereign rating to “positive” from “stable”. VF-Ukraine’s ratings are limited by Ukraine’s national ceiling due to the telecommunications company’s significant dependence on the country’s economy.

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