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S&P cuts Ukraine’s ratings on bigger fallout from Russia invasion

05/27/2022

Less than a minute

2022.05.27 23:47

S&P cuts Ukraine's ratings on bigger fallout from Russia invasion
People walk past a residential building heavily damaged during Ukraine-Russia conflict in the southern port city of Mariupol, Ukraine May 20, 2022. REUTERS/Alexander Ermochenko/Files

(Reuters) – Global ratings agency S&P on Friday cut Ukraine’s sovereign rating to ‘CCC+/C’ from ‘B-/B’, citing a larger fallout from Russia’s military attack on the country.

05/27/2022

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