S&P lowers Kyiv’s rating, default on city’s eurobonds seen as ‘inevitable’
International rating agency Standard & Poor's has lowered its ratings for the city of Kyiv to "CC" from "CCC-" with a negative outlook after the announcement of the Ukrainian government's plans to restructure debts, including a $550-million eurobond issue by the city of Kyiv, with default on that debt seen as “inevitable.”
UNIAN Web subscription
Get a complete information picture of the day by subscribing to UNIAN’s news feeds.
For more information, please call: