The process of restructuring Ukraine's external debt on Eurobonds has officially started. The Ministry of Finance announced the conditions for exchanging old bonds for new issued securities. This is stated in the message of the Ministry of Finance, recorded on the London Stock Exchange.
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Owners of sovereign government bonds of Ukraine received the right to participate in an exchange for the purpose of obtaining new securities.
Ukraine invites holders of each series of sovereign bonds and existing bonds guaranteed by Ukravtodor to exchange existing bonds for new securities.
The restructuring should be completed by August 27. Ukraine will pay additional funds to those creditors who agree to the terms before August 23.
- Public debt Eurobonds