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The money network:

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Euromoney’s 2012 FX survey results

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Skip Navigation LinksHome :: Back Issues :: Yukos slides as trial looms

May 2004

Yukos slides as trial looms

by Ben Aris


The noose tightened around oil company Yukos?s neck last month and bankruptcy loomed large only weeks before the trial of its former CEO Mikhail Khodorkovsky was due to start.

Standard & Poor?s struck the first blow by dramatically cutting Yukos?s credit rating five notches from BB?, one of Russia?s highest corporate ratings, to CCC. Moody?s followed...


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