Ukraine in default according to Fitch and S&P

https://www.reuters.com/markets/rates-bonds/sp-fitch-lower-ukraines-foreign-currency-rating-2022-08-12/

Global rating agencies S&P and Fitch on Friday lowered Ukraine's foreign currency ratings to selective default and restricted default as they consider the country's debt restructuring as distressed.

originally posted at https://stacker.news/items/650056