Fitch Upgrades Ukraine's Privatbank to 'CCC' from 'RD'

Fitch Ratings has upgraded PrivatBank's Long-term foreign currency Issuer Default Rating (IDR) to 'CCC' from 'RD' (Restricted Default) on completion of the bank's external debt restructuring. The Viability Rating (VR) has also been upgraded to 'ccc' from 'f'. A full list of rating actions is at the end of this rating action commentary. 

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