S&P Global Ratings removed its B+ long-term issuer credit rating on Central European Media Enterprises Ltd. from CreditWatch with developing implications.
The rating agency also affirmed its B+ rating and assigned a positive outlook.
S&P said Feb. 27 that it resolved the CreditWatch placement because it did not see a significant possibility of cutting the rating over the coming months. The credit rating on the company was placed on CreditWatch with developing implications on July 12, 2017.
S&P Global Ratings and S&P Global Market Intelligence are owned by S&P Global Inc.