S&P Global Revises Ukraine's Sovereign Credit to CCC+ After Debt Restructuring Completion
S&P Global Ratings upgraded Ukraine's foreign currency sovereign credit ratings from 'SD/SD' to 'CCC+/C' following completion of a $2.6 billion GDP-linked debt restructuring. Despite reductions in debt obligations and an improved debt servicing profile, the rating agency highlights vulnerabilities tied to ongoing conflict and dependency on internat…