City of Kyiv Outlook Revised to Stable Following Ukraine Outlook Revision; 'B' Rating Affirmed May 03
Standard & Poors, May 2003
Abstract
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)
- Ukraine
Action: Outlook Revised
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.
- Kyiv (City of)
- Ukraine
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