S&P withdraws ratings for Interpipe
14 January 2009
Yesterday Standard & Poor’s Ratings Service said that it withdrew its ratings for Interpipe, the Ukrainian steel pipe maker, at the request of the company. S&P said that as of Sept. 30, 2008 Interpipe had about USD 1 bln in outstanding debt. The long-term corporate credit rating on Interpipe was raised to “CCC+” with a developing outlook on Dec. 29, 2008.
