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Ukraine in talks with creditors on debt restructuring
13.10.2015 17:56 "Agro Perspectiva" (Kyiv) —
On Oct 14 a meeting will take place with creditors to restructure Eurobonds of Ukraine, NRCU reports.
As to the report, within late Aug, the Ukrainian government and International Creditors Committee had reached an agreement on the restructuring of part of the public debt totaling US$18 milliard.
Reportedly, the restructuring, in part., stipulates complete write off of about US$4 milliard and deferred payments in the amount of US$11.5 milliard.
As to the report, on Sept 23 the Cabinet commenced the restructuring procedure, which will be completed roughly before Dec 1.
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