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S&P: Arrests don't yet affect ratings of Zagreb, its communal services company

Author: mses
ZAGREB, Oct 23 (Hina) - Standard & Poor's Ratings Services stated on Thursday that the arrest of Zagreb Mayor Milan Bandic, along with Zagrebacki Holding's CEO Slobodan Ljubicic and several other individuals "has no immediate effect on its rating on Zagreb (BB/Stable/--) or on Zagrebacki Holding d.o.o. (ZGH; B/Stable/--)," however the ratings agency warned about possible risks.

(Hina) ms

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