City of Kyiv Outlook Revised to Stable Following Ukraine Outlook Revision; 'B' Rating Affirmed May 03
- ID: 2024501
- May 2003
- Region: Ukraine
- Standard & Poors
LONDON (Standard & Poor's) May 20, 2003--Standard & Poor's Ratings Services said today it revised its outlook on the Ukrainian capital City of Kyiv to stable from negative. At the same time, Standard & Poor's affirmed its 'B' long-term issuer credit rating on the city. The rating action follows Standard & Poor's revision of the outlook on the Republic of Ukraine (B/Stable/B) to stable from negative. (See the media release titled "Ukraine Outlook Revised to Stable Due to Improved Financing Strategy; Ratings Affirmed" published on May 20, 2003, on RatingsDirect, Standard & Poor's Web-based credit analysis system). The stable outlook on Ukraine reflects recent strengthening of the government's financing strategy to meet its annual borrowing requirements. This should help to...
Companies mentioned in this report are:
- Kyiv (City of)
Action: Outlook Revised
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Research type: News
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