Creditors are required to submit an application for participation in the meeting to restructure the debt of Ukraine to 12 October, according to a report by the Ukrainian Ministry of Finance.
the Ministry of Finance of Ukraine in the last month of summer said about reaching consensus on restructuring of external commercial debt totaling approximately $ 18 billion. It is planned that Ukraine will be immediately deducted 20% of the principal debt, the repayment of the remaining amount will be transferred from 2015-2023 for years 2019-2027.
The Cabinet of Ministers of Ukraine on Tuesday issued a decree to start the procedure of restructuring of public debt, or to suspend from September 23 payments for a number of the restructured obligations. Restructuring, for example, applies to Russia redeemed Eurobonds for $ 3 billion, but Osinovka payments of these securities does not apply.
While Kiev reserved the right to extend the acceptance of applications to restructure its debt and to reschedule the meeting of creditors, scheduled for October 14.