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23 of September, 14:02

Siluanov: Russia does not accept the proposal of Ukraine for restructuring
Russia is considering the proposal of Ukraine to restructure its Eurobonds for $ 3 billion to commercial creditors, to which the Russian Federation is not relevant, such issues should be resolved bilaterally, said Finance Minister Anton Siluanov. He also confirmed that the Russian Federation is still waiting for the full repayment of this debt of Ukraine at the end of 2015.

The Ukrainian government on Tuesday issued a decree to start the procedure of restructuring of the public debt, and the Ministry of Finance has placed on the Irish stock exchange of the relevant proposal to the holders of the restructured Eurobonds. For example, it was proposed restructuring of bonds for $ 3 billion with maturity in early winter of 2015, which were redeemed at the end of 2013 Russia.

"Ukraine has sent its proposals for the restructuring of commercial creditors, including there and the Russian Federation. But I say again that we do not take this class of creditors. All the problems in such cases are always resolved bilaterally, " Siluanov said on Wednesday correspondents.

"Russia from the Ukraine, no formal proposal had been received," revealed the Minister.

"Second, our position, and we also have have said many times, we expect to repay the debt at the end of the year ", - added the head of the Russian Ministry of Finance.

Approved by the government of Ukraine, the rules correspond to the restructuring agreement with the creditors ' Committee, representing somewhat more than half of the holders of the restructured bonds: deducted 20% of the nominal value of the debt and given a deferment until 2019, however, lenders in addition to conventional receive new bonds and shares tied to GDP growth.

sections: Politics

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