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RA S&P: Ukrainian Agribusiness UkrLandFarming PLC Rating Lowered To 'SD' Then Suspended On Insufficient Information

Standard & Poor's Rating Services today lowered its corporate credit rating on UkrLandFarming PLC to 'SD' (selective default) from 'CC'. We also lowered the issue rating on its senior unsecured notes to 'D' from 'CC'. We then suspended the ratings, due to lack of sufficient information. The downgrade of UkrLandFarming to 'SD' and the lowering of our issue rating to 'D' reflects that the company has defaulted on some of its credit facilities, including payment of interest due on March 26, 2016 ru.cbonds.info »

2016-4-9 18:43

European Economics Preview: U.K. Retail Sales Data Due


Retail sales data from the U.K. is the main news due from Europe on Thursday, headlining a light day for European economic news.



At 3.30 am ET, Dutch statistical office is scheduled to release the unemployment figures for September. The jobless rate is tipped to rise to 8.7 percent from 8.6 percent recorded a month earlier. Statistics Sweden is also due to publish the job market data at 3.30 am ET.



The European Central Bank is slated to release the Eurozone's current account balance for August at 4 am ET.



The Office for National Statistics is due to announce retail sales statistics at 4.30 am ET. Sales, including auto fuel, is forecast to increase 0.4 percent month-on-month in September.



At 5 am ET, Eurozone construction output data from Eurostat is due. Producer price figures from Portugal is expected at 6 am ET.



Poland's central bank is scheduled to release the minutes of its October monetary policy meeting at 8 am ET.





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2013-10-17 11:42