You're reading: UNIAN: Fitch downgrades Kyiv’s long-term issuer default ratings to ‘CC’

Fitch Ratings on September 16 downgraded the City of Kyiv's Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to 'CC' from 'CCC.'The agency also downgraded the city's National Long-Term rating to 'BB+(ukr)' from 'BBB(ukr)' with negative outlook, Fitch said in a statement.

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