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Published 2 years ago

S&P downgrades Ukraine’s long-term foreign currency rating to CC

Summary by Ground News
S&P Global Ratings downgrades Ukraine's long-term foreign currency sovereign rating. The rating could be cut again by S&P to selective default if the government in Kyiv gets bondholders to agree to a two-year payment freeze and changes to coupons on its so-called GDP warrants by the middle of next month.

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TASS [🇷🇺-affiliated]TASS [🇷🇺-affiliated]

S&P downgrades Ukraine’s long-term foreign currency rating to CC

At the same time, the agency affirmed Ukraine’s short-term foreign currency rating at C and short-term local currency rating

2 years ago·Moscow, Russian Federation
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ГОЛОВНАГОЛОВНА

S&P downgraded Ukraine's foreign currency rating

The forecast for the long-term sovereign rating of this Ukraine is negative

2 years ago·Kyiv, Ukraine
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Korrespondent.netKorrespondent.net

S&P downgraded the rating of Ukraine to pre-default

The Cabinet of Ministers offers a friendly restructuring - without writing off part of the debt and with a small compensation to bondholders.

2 years ago·Kyiv, Ukraine
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Ukrinform (EN)Ukrinform (EN)

S&P downgrades Ukraine’s rating to ‘CC’

S&P Global Ratings has downgraded Ukraine’s long-term foreign currency sovereign rating from ‘CCC+’ to ‘CC’. — Ukrinform.

2 years ago
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