Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers U > Headlines for Ukrainian City of Kyiv > News item |
Fitch lowers Kyiv
Fitch Ratings said it downgraded the city of Kyiv’s long-term local-currency issuer default rating to restricted default (RD) from C and national long-term rating to RD(ukr) from CCC(ukr).
The downgrades were caused by the exchange of distressed local-currency bonds issued by the city, the agency said.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.