Economy
RatingsS&P forecasts improvement of the outlook of five Ukrainian ag companies
International credit rating agency Standard & Poor’s reported that it was raising the outlook of Creative Group, UkrLandFarming, Ukrainian Agrarian Investments, Mironovskiy Hliboproduct, and Mria holding from “negative” to “stable”.
This came as a result of improvement of Ukraine’s outlook from “negative” to “stable”.
Rating level CCC points to high exposure to credit risks at the moment, while the financial obligations can be met upon the favorable business, financial and economic conditions, according to the credit rating scale of S&P.
As Capital informed, on July 11, S&P improved Ukraine outlook from “negative” to “stable”.
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