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8 of 14 Transition Economies Now Rated Investment Grade, More to Follow Apr 01

Standard & Poors, April 2001


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Abstract
NEW YORK (Standard & Poor's CreditWire) April 23, 2001--Eight of the 14 post-Communist countries rated by Standard & Poor's have achieved investment-grade foreign currency sovereign credit ratings and more are sure to follow, says a recently published criteria article entitled, 'Rating the Transition Economies-2001.' The article, available at www.standardandpoors.com under Resource Center-Criteria-Sovereigns and on RatingsDirect, Standard & Poor's Web-based credit analysis system, will also be featured in the May 9, 2000, edition of Standard & Poor's CreditWeek. Standard & Poor's finds that the creditworthiness of the 14 rated transition economies- Slovenia, the Czech Republic, Hungary, Estonia, Poland, Latvia, Lithuania, Croatia, the Slovak Republic, Kazakhstan, Mongolia, Bulgaria, Romania, and the Russian Federation-has improved overall since its last survey, in May 2000....

Companies mentioned in this report are: Hungary,Czech Republic,Slovak Republic,Poland (Republic of),Romania,Slovenia (Republic of),Russian Federation,Kazakhstan (Republic of),Latvia (Republic of),Croatia (Republic of),Lithuania (Republic of),Estonia (Republic of),Bulgaria (Republic of),Mongolia
Action: S&P Event

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.




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