S&P to Withdraw Ratings On Russian Entities03.22.2022
On March 9, 2022, S&P Global Ratings announced the suspension of its commercial operations in Russia.
Following that, on March 15, 2022, the European Union (EU) announced a ban on providing credit ratings to legal persons, entities, or bodies established in Russia. In light of this, S&P Global Ratings will withdraw all of its outstanding ratings on relevant issuers before April 15, 2022, the deadline imposed by the EU.
This report does not constitute a rating action.
The tender offer follows the acquisition of Credit Suisse.
Municipal bonds have traditionally been owned by US retail investors.
The agreed language promotes automation and reduces the risk of fragmentation across the issuance process.
LENS allows firms to efficiently update their reference data systems.
Bloomberg will provide a low latency execution management offering for rates trading.