Financial times: Ukraine puts pressure on lenders threats of default
Ukraine plans to inform investors that the state-owned Ukreximbank may declare a default if creditors will not make concessions on restructuring its debt, writes referring to its sources.

Ukraine plans to inform investors that the state-owned Ukreximbank may declare a default if creditors will not make concessions on restructuring its debt, writes referring to its sources.
The Minister of Finance of Ukraine Natalie Jaresko, which is located in the U.S. capital at the session of the international monetary Fund (IMF), may declare that a three-month deferment on repayment of liabilities of "Ukreximbank" will play a key role in the decision to restructure debt of Ukraine, stresses the magazine.
The situation with the bonds of "Ukreximbank" shows how high the stakes in negotiations with creditors. Paper Bank in the amount of USD 750 million must be repaid on April 27. The dialogue is complicated by the fact that a group of creditors said about what awaits the full and timely repayment of the bonds, and if not, can block the total contract, writes the FT.
Eurobonds Ukreximbank is one of 29 centers of the restructuring program, under which Ukraine needs by June to reach an agreement with creditors. Only then the country can qualify for the second tranche of the IMF loan, reminiscent of the magazine.
before the head of the Ukrainian Finance Ministry urged to write off part of a country's external debt in the amount of fifteen billion dollars, which led to resentment of the foreign creditors of Ukraine. Russia said that it is not going to agree to a restructuring of the Ukrainian debt at $ 3 billion and expects its maturity in the early winter of this year.