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Prospect News home > News index > List of issuers I > Headlines for Irkutsk Oblast > News item |
S&P may lower Irkutsk
Standard & Poor's said it placed B+ long-term issuer credit rating on Irkutsk Oblast on CreditWatch with negative implications.
The possible downgrade is due to insufficient liquidity on the eve of debt repayments due in December, as well as the likely negative impact of increasing refinancing costs on the oblast's fundamentals, the agency noted.
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