Ukraine: S&P upgrades Ukrzaliznytsia’s rating to highest-possible level amid martial law

The international credit rating agency, S&P Global Ratings, has upgraded the rating of Ukrzaliznytsia JSC to CCC+. The relevant statement was made by Ukrzaliznytsia JSC. According to the company, S&P Global Ratings has assigned the sovereign-level rating to Ukrzaliznytsia, which is the highest possible result in the current wartime conditions. “The recent completion of a…