International rating Agency Fitch Ratings affirmed long-term Issuer default rating (IDR) of Odessa in foreign and national currency at level “B-” with a stable Outlook.

“The confirmation reflects Fitch’s view unchanged that the town is limited by the sovereign rating of Ukraine (‘B-‘ /Stable)”, – stated in the message Agency on Monday.

According to him, Fitch also evaluates the creditworthiness of the city on a standalone basis at the level of ‘ bb -‘, based on the combined risk profile “vulnerable,” and the evaluation of stability to debt “AAA”.

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