Finance Ministry: Restructuring of Ukrzaliznytsia's eurobonds foresees only prolongation

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April 18, 2015, 12:54 p.m. | Business — by Interfax-Ukraine

State-run railway company Ukrzaliznytsia's bonds due in 2018 are to be restructured under an International Monetary Fund-backed overhaul of Ukraine's debt.
© Kostyntyn Chernichkin

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The planned restructuring of Ukrzaliznytsia's eurobonds, as well as the eurobonds of state-controlled Oschadbank and Ukreximbank, foresees the prolongation of their maturity term without the reduction of coupon and principal, reads a Finance Ministry presentation for creditors, announced at a meeting in Washington on April 18.

https://www.kyivpost.com/content/business/finance-ministry-restructuring-of-ukrzaliznytsias-eurobonds-foresees-only-prolongation-386527.html