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Kyiv repays Eurobond, S&P won

Kyiv repays Eurobond, S&P won

27 November 2012

The Kyiv City Administration (CITKIE) repaid a USD 250 mln Eurobond on Nov. 26, Interfax reported, citing an official within the municipality. Standard & Poor’s reacted promptly by recalling a review of city’s rating, which the agency initiated a month ago on concern that Kyiv did too little to accumulate funds for bond refinancing (refer to our Oct. 30 news).

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