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The US ratings agency S&P cut Ukraine's credit rating to "selective default" on Friday, citing the war-torn country's failure to make a coupon payment
The US ratings agency S&P cut Ukraine’s credit rating to “selective default” on Friday, citing the war-torn country’s failure to make a coupon payment on an existing bond. “The rating actions reflect the missed payment on the coupon of Ukraine’s 2026 Eurobond,” S&P said in a statement explaining why it had downgraded Ukraine’s credit rating […]
The post S&P downgrades Ukraine credit rating to ‘selective default’ appeared first on Insider Paper.
https://insiderpaper.com/sp-downgrades-ukraine-credit-rating-to-selective-default/
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