OREANDA-NEWS.  July 08, 2013. In a press-release Fitch Ratings affirmed Kernel Holding S.A. long-term foreign and local currencies IDR at ‘B’ and ‘B+’ respectively.

The Outlooks for both ratings were revised to Negative from Stable following the agency`s revision of Ukraine`s sovereign rating Outlook to Negative from Stable on June 28, 2013.

The long-term foreign currency rating of Kernel Holding S.A. remains constrained by Ukraine's country ceiling of 'B'. National long-term rating was affirmed at 'AA+(ukr)'; Outlook Stable.