Ukraine’s creditors agree debt restructuring deal

Jul 22nd 2024 9:50am EDT

Foreign bondholders have accepted a 37% haircut on outstanding bonds Ukraine has reached an agreement in principle with a group of foreign investors to restructure its $20 billion debt, as Kiev tries to retain access to international markets, the government has announced. Bondholders – including US financial giants BlackRock and Pimco, as well as French […]

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