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Prospect News home > News index > List of issuers U > Headlines for Ukrainian Railways > News item
Published on 3/3/2014 in the Prospect News Distressed Debt Daily and Prospect News Emerging Markets Daily.

S&P cuts Ukrainian Railways

Standard & Poor's said it lowered its long-term corporate credit and issue ratings on Ukrainian railway company the State Administration of Railways Transport of Ukraine (Ukrainian Railways) to CCC from CCC+.

The outlook is negative.

The downgrade of Ukrainian Railways follows a similar rating action on Ukraine on Feb. 21.


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