Fitch Downgrades Ukraine's City of Kyiv to 'CC'
OREANDA-NEWS. Fitch Ratings has downgraded the City of Kyiv's Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to 'CC' from 'CCC'. The agency has also downgraded the city's National Long-Term rating to 'BB+(ukr)' from 'BBB(ukr)' with Negative Outlook. Kyiv's domestic senior debt ratings have been downgraded to 'CC'/'BB+(ukr)' from 'CCC'/'BBB(ukr)'.