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Moody's acts on three Ukrainian issuers
Moody's Investors Service said it acted on three Ukrainian corporates. The rating actions follow Moody's decision on Friday to place government of Ukraine's B3 foreign- and domestic-currency long-term issuer ratings on review for downgrade.
The agency downgraded to B3 from B2 and placed on review for downgrade the corporate family ratings of MHP SE and Metinvest BV to reflect their credit linkages with the Ukrainian sovereign. Both companies probability of default ratings are B3-PD.
Moody's said it placed on review the corporate family rating of DTEK Energy BV. The companies corporate family rating is Caa3, and its probability of default rating is Caa3-PD.
All three companies’ ratings are on review for downgrade.
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