Ukraine crisis: S&P evaluates effects, economic sanctions and financing conditions

S&P Global Ratings has made it known that “it is evaluating the effects of the Russian invasion of Ukraine and the related economic sanctions, financing conditions and credit quality in the area and globally. The potential effects, profound and prolonged, represent a substantial deviation from the basic expectations outlined above. “

In detail, the agency’s approach to cover the situation from a macro and credit point of view is outlined in the report “The Macro And Credit Effects Of Russia’s Invasion Of Ukraine”. “As the scenario evolves, further reports will be released to analyze the credit implications and, potentially, rating actions will be taken on a case by case basis,” add the experts.