03.22.2022

S&P to Withdraw Ratings On Russian Entities

03.22.2022
S&P to Withdraw Ratings On Russian Entities

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.

Source: S&P

Related articles

  1. Bond Markets Eye Continuous Pricing

    Solution covers EUR and GBP investment grade and high yield credit bonds.

  2. Recently launched products offer easier access to key 10- and 30-year benchmarks.

  3. ICD helps corporate treasurers and asset managers manage short-term liquidity needs and FX risk.

  4. MiFID II to Boost Automation

    TransACT automates RFQ negotiation workflows for banks trading on D2C venues.

  5. Basel Committee Consults on Interest-Rate Risk

    The launch builds on the growing liquidity and participation in €STR futures.