S&P Cuts Bucharest To ‘BB’ And Withdraws Ratings

03.20.2012 By Florentina Dragu

Standard & Poor's Ratings Services Tuesday said it has lowered its long-term issuer credit ratings on the Romanian City of Bucharest to 'BB' from 'BB+' and subsequently withdrew its ratings, citing contractual reasons.

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Keywords:: S&P; , BUCHAREST; , RATINGS

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