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02.07.2018 | 10:03

S&P raised Ukraine National Scale Rating

International rating agency revised criteria for countries national scale ratings.

S&P Global Ratings, international rating agency, raised its long-term national scale ratings on Ukraine to 'uaBBB' from 'uaBBB-' due to ratings criteria revision. 

"Our global scale issuer and issue credit ratings on Ukraine are not affected by the rating action," S&P noted.

The agency recalled that National scale ratings express its opinion of the creditworthiness of an issuer or a debt instrument relative to other issuers and issues in a given country. The purpose is to provide a rank-ordering of credit risk within the country.

References in the article: s&p, ukraine, rating
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