S&P affirms Ukrsotsbank's CCC+/C ratings, withdraws coverage

Standard & Poor’s said yesterday that it affirmed the ‘CCC+/C’ long and short-term counterparty credit ratings on Ukrsotsbank (outlook negative), then withdrew the ratings at the request of the bank. The ‘CCC+’ rating on the bank’s senior loan participation notes due in 2010 was also withdrawn.