S&P downgrades Ukraine credit rating to ‘selective default’
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
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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 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 […]

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