Fitch rates UkrLandFarming B

Fitch Ratings said it assigned B long-term foreign- and B+ local-currency issuer default ratings to UkrLandFarming plc.

The agency also said it assigned to the company a national long-term rating of AA+(ukr).

The outlook is stable.

The ratings reflect the company's leading position in Ukrainian agriculture and dominating domestic positions, Fitch said.

Those positive factors are mitigated by its exposure to volatility in selling prices for many of the segments in which it operates, the agency said.

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