This is stated on the website of the agency.

On July 29, 2022, S&P Global Ratings downgraded Ukraine's long-term sovereign foreign currency credit rating to CC from CCC+.

The outlook for the long-term sovereign rating is negative, ”RIA Novosti reports the words of the statement.

On May 28, the agency downgraded Ukraine's long-term foreign currency sovereign rating to CCC+. 

In July, the international rating agency Fitch downgraded Ukraine's long-term issuer default rating in foreign currency from CCC to C.