KIEV, April 14 - Standard & Poor's Ratings Services has placed its 'CCC+' long-term issuer credit rating and senior unsecured debt rating on the city of Kiev on CreditWatch with negative implications.

"This move reflects Kiev's increased exposure to short-term debt resulting from the city's relatively unexpected decision to attract two bank loans to repay its energy bills," said Standard & Poor's credit analyst Karen Vartapetov.