Moody's rates Dongorbank bonds A3.ua

Moody's Investors Service said it assigned a B2 global local-currency long-term senior unsecured debt rating to Dongorbank, along with an A3.ua long-term national scale rating to the local-currency hryvnia-denominated bonds to be issued by the bank, which will represent a senior unsecured claim. The planned issue size is UAH200 million consisting of two series.

The outlook is stable.

The ratings reflect Dongorbank's global default and loss expectation, the agency said, while also considers the standing of the bank's credit quality relative to its domestic peers.

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