Fitch and S&P Global Inc "to an equivalent default"

Agencies lowered country ratings in foreign currency in connection with a delay of payments on an external debt Ukraine till 2024; by estimates of the authorities, the arrangement will allow Kiev to save $6 billion Debt makes $19,6 billion the Photo: David Goldman/AP the International rating Fitch Ratings Ltd. and S&P Global Inc lowered ratings Ukraine in foreign currency in connection with a delay of payments on an external debt of the country till 2024. In the message of Fitch it is said that agency considers a delay as process of an exchange of a problem debt (DDE). In this regard a long-term rating defaults issuers (RDE) Ukraine in...