Ukraine has agreed on the restructuring of Eurobond debt with the Committee of Eurobond Holders. This was announced by the Minister of Finance of Ukraine Sergei Marchenko.
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“After months of negotiations and hard work with private creditors, The IMF and official creditors have reached agreements with the Eurobond Holders Committee on a comprehensive restructuring of our external public commercial debt,” he said.
The agreement will provide savings of US$11.4 billion in debt servicing over the next 3 years. By 2033, savings will amount to US$22.75 billion.
The completion of this restructuring agreement will create the conditions for Ukraine's early return to the international capital market when the security situation stabilizes, in order to finance rapid recovery and reconstruction of the country.< /p>
- Ministry of Finance Eurobonds
