The Ukrainian government has proposed a restructuring of its bonds for $ 3 billion with maturity in 2015, holders of securities are brought to the meeting in London on 14 October, according to a report on the Irish stock exchange.
Bonds of Ukraine for $ 3 billion were bought by Russia at the end of 2013. The period of redemption of securities occurs at the beginning of winter this year. Rate on the bonds is 5%.
The Cabinet of Ministers of Ukraine before Thursday ordered the start of the procedure, the restructuring of public debt, or to suspend from September 23 payments for a number of the restructured obligations. Restructuring, for example, applies to the redeemed Russia Eurobonds for $ 3 billion, but Ostrovka payments of these securities does not apply.
sections: Politics |