28.02.2014 18:19:00
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MHP S.A. -- Moody's: Hryvna devaluation scenario positive for the majority of rated Ukrainian corporates, with some facing pressure
London, 28 February 2014 -- The effects on the majority of the six rated Ukrainian corporates would be positive to neutral under a scenario in which Moody's tested the robustness of their credit profiles in the event of a 30% devaluation of the hryvna to around 10.5 per US dollar from its initial level of 7.99 as at 6 February, says Moody's Investors Service in a Special Comment report on Ukrainian corporates published today.