Standard&Poor's affirmed the long-term foreign currency sovereign ratings of Ukraine

Source

APK-Inform

2109

On August 28, 2015, Standard & Poor's Ratings Services affirmed its 'CC' long-term foreign currency sovereign credit rating on Ukraine.

The outlook is negative.Also, the short-term foreign and local currency sovereign credit ratings were affirmed at 'C' and the national scale rating at ‘uaB+’.

The Agency explained the current confirmation of the Ukraine`s rating with the fact that Ukraine has reached an agreement with creditors holding approximately half of sovereign and sovereign-guaranteed foreign debt.

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