According to the Moody's report, Donetskih has a negative forecast

The International rating agency Moody’s Investors Service today assigned the Cyprus company Fintest Trading Co limited to the owner of a 100% shares of Donetskstal Corporate Group (CFR) at the B3 B3-PD level rating. At the same time, the Moody’s agency appropriated Donetskiye rating on the national scale at the level of BAA3.UA. The forecast for all ratings is "negative". This is stated in the press release of Moody's.

"Our decision to assign a corporate group rating at B3 and the rating on the national scale at the BAA3.ua level reflects the dependence of" Donetskstal "on the sovereign risks of Ukraine, as well as the volatility and cyclicality inherent in the metallurgical and mining sectors, as well as in a more positive way - reflects the presence of significant reserves of high -quality coking Coal, ”said the vice president of the International rating agency Moody’s, senior analyst Denis Perevezentsev, who is the leading analyst of the Donetskstal agency.

As we have already reported, Donetskstal plans to get a credit line in the amount of $ 40 million in the near future to finance the first stage of the construction of a new electric furniture. In addition, representatives of Donetskstal announced their intention to release Eurobonods for $ 500 million to replenish the working capital of the enterprise. Also in the government program for the activation of the Ukrainian economy for 2013 - 2014, it is provided for the provision of Donetskstal by state guarantees for a total of 9 billion hryvnias.