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Russia: S&P will withdraw ratings on all Russian issuers by April 15th

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Russia: S&P will withdraw ratings on all Russian issuers by April 15th
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S&P Global Ratings agency announced the suspension of ratings for all Russian entities by April 15. Its decision follows the ban that has come from the European Union.

In fact, on March 15, 2022, the European Union imposed a ban on providing ratings to legal persons, entities or bodies based in Russia. In light of this, and after announcing the suspension of its commercial activities in Russia on March 9, S&P Global Ratings has announced that it will withdraw all its pending ratings on relevant issuers before April 15, the deadline imposed by the EU. .

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