S&P downgrades Ukraine’s GDP-linked bonds to default after failing to make a $665M payment. The international rating agency S&P Global announced Ukraine’s default on its GDP-linked bonds. On June 2, the Ukrainian government failed to make the required payment of $665M, which led to... #DebtRestructuring #DefaultUkraine #GDPwarrants #StandartandPoor #UkraineBond #ukrainedebt
Ukraine will have to pay interest on money owed to its creditors due to its default on GDP warrants. A group of holders of GDP warrants in Ukraine issued a statement regarding the state’s default on these securities. The creditors noted that now Ukraine will be compelled to pay interest on the unpaid... #AdHocGroup #Creditors #DebtRestructuring #DefaultUkraine #GDPwarrants #ukrainedebt
Moody’s has maintained Ukraine’s pre-default rating. On May 30, Moody’s Rating Agency affirmed the long-term issuer ratings of the Ukrainian government in foreign and national currencies at Ca – one of the lowest credit ratings on Moody’s sc... #DefaultUkraine #GDPinUkraine #Moodys #UkraineEconomicForecast #UkraineEconomy #WarEnding
Fitch has maintained Ukraine’s rating at Restricted Default but expects macroeconomic indicators to deteriorate. Fitch has affirmed Ukraine’s rating at Restricted Default for the second consecutive time in response to its foreign currency debts. The national currency rating stands at CCC+, indicating a ver... #DefaultUkraine #FitchRatings #GDPinUkraine #InflationinUkraine #UkraineEconomicForecast #UkraineEconomy
The war’s cost: State debt has surged by 100% in three years, but default was avoided. Since the onset of Russia’s full-scale invasion, Ukraine’s state debt has risen by 156% (+₴4.25T) in hryvnia and by 78% (+$72.7B) in foreign currency, according to Danylo Hetmantsev, chair... #DanyloHetmantsev #DefaultUkraine #EFFprogram #GDPinUkraine #UkraineEconomy #UkraineStateDebt
Fitch has maintained Ukraine’s rating at RD – Restricted Default. Fitch Ratings has affirmed Ukraine’s long-term foreign currency rating at restricted default (RD) as Ukraine continues to restructure its external debt. “Ukraine’s foreign currency i... #DefaultUkraine #FitchRatings #UkraineBudget2025 #UkraineBudgetDeficit #ukrainedebt #UkraineEconomicForecast
After Ukraine’s successful debt restructuring, the Fitch agency raised the country’s hryvnia rating. The rating agency Fitch Ratings, after the completion of Eurobond debt restructuring, raised the long-term issuer default rating (IDR) of Ukraine in local currency to CCC+ from CCC- and confirmed the ... #CreditRatingUkraine #DefaultUkraine #Eurobond #FitchRatings #ukrainedebt #UkraineEconomy
Fitch Ratings lowers Ukraine’s credit rating to limited default. In particular, the issuer’s long-term foreign currency default rating was downgraded from C to RD (restricted default), Fitch Ratings said in a statement. This rating level means that the issuer... #Creditors #DebtRestructuring #DefaultUkraine #eurobonds #FitchRatings #ukrainedebt #ukravtodor
Experts have analyzed the dynamics of Ukraine’s credit rating over 20 years. In August, S&P downgraded Ukraine’s long-term and short-term foreign currency credit ratings from CC/C to SD/SD, which indicates selective default. The rating will be upgraded after the debt... #CreditRatingUkraine #DefaultUkraine #StandartandPoor #UkraineEconomy
S&P downgrades Ukraine’s credit rating to “selective default” in response to the Eurobond restructuring. The international rating agency S&P Global lowered Ukraine’s long-term and short-term credit ratings in foreign currency to the level of selective default – from CC/C to SD/SD – due to the m... #ConcordeCapital #CreditRatingUkraine #DebtRestructuring #DefaultUkraine #StandartandPoor #ukrainedebt
Fitch downgraded Ukraine’s rating to pre-default level after its debt restructuring deal. Fitch Ratings downgraded Ukraine’s long-term issuer default rating (IDR) in foreign currency from CC to C. “Ukraine’s downgrade reflects Fitch’s view that the agreement in prin... #DebtRestructuring #DefaultUkraine #FitchRatings #imf #ukrainedebt #UkraineEconomy
Ukraine has a month to avoid default. According to The Economist, Ukraine is facing a looming financial crisis, because the two-year deferral of debt service payments that the country’s creditors agreed to is about to expire. The de... #Creditors #DebtRestructuring #DefaultUkraine #UkraineBond #ukrainedebt #UkraineEconomy
Ukraine seeks a common ground with bondholders and tries to avoid default. As Bloomberg explains, Ukraine is trying to reduce debt payments in wartime, but Kyiv needs to maintain good relations with creditors to restore the economy after the war. The Ukrainian government ins... #Creditors #DebtRestructuring #DefaultUkraine #JPmorgan #UkraineBond #ukrainedebt
Fears about Ukraine’s default were allayed in the Ukrainian parliament. The WSJ reported the other day that some owners of Ukrainian Eurobonds want Ukraine to resume servicing its obligations starting next year, with up to $0.5B in interest payments annually. If the parti... #DanyloHetmantsev #DebtRestructuring #DefaultUkraine #Eurobond #UkraineBond #UkraineDebtRepayment
