Ukraine said Monday that it had struck a preliminary deal with a group of international private creditors to restructure more than $20 billion of the debt it owes them, a step that would save the war-torn country billions and preserve funds to support its battered armed forces.
Ukraine Strikes Preliminary Deal To Restructure $20 Billion Debt
Kyiv said it reached an agreement in principle with international creditors to restructure government debt worth more than $20 billion, according to a July 22 filing with the London Stock Exchange.
Shortly after Russia's full-scale invasion in February 2022, the government struck a deal with holders of its international bonds to freeze repayments.
However, that deal expires on August 1.
The new agreement "allows us to free up resources for our defense, social spending, and reconstruction," Ukrainian Prime Minster Denys Shmygal said on X. The new deal will see creditors, including BlackRock, Pimco, and other major institutional investors, write billions off the nominal value of their holdings and agree to a new payment schedule.
- The group rejected a June offer by Ukraine that called for even steeper write-downs.
Ukraine Secures Financial Reprieve, Agrees to $20 Billion Debt Restructuring
Bondholders agree to 37% write-down weeks before potential default
Updated ET
22 July 2024 - 19:31
-------------------------------------
.jfif)
KYIV -- Ukrainian investigators have charged five emergency officials with violating aviation safety regulations that led to the helicopter crash that killed Interior Minister Denys Monastyrskiy and 13 other people in January.
Our Team Is Preparing Four New Security Agreements for Ukraine
– Address by the President
22 July 2024 - 19:31
This is exactly what we are doing.And the most important thing for today.
I especially want to mention the employees of the State Emergency Service in the Kharkiv region – the entire team of rescuers in the region, particularly Andriy Sydorchenko, Yevhen Popov, Maksym Hunko, Viktor Koval, and Serhiy Lysytsia.
And our Sumy region – a region that, unfortunately, is also constantly suffering from Russian terror.
But there, as elsewhere, our rescuers always help. Thank you to the entire team of the main department of the State Emergency Service in the Sumy region, especially Yaroslav Samoylenko, Oleh Moroz, Andriy Shchennikov, Andriy Pokydiuk, Oleksandr Klochkov, and Ruslan Pylypets.
22 July 2024 - 19:31
I wish you health, fellow Ukrainians!
A brief summary of the day.
Our team is preparing four new security agreements for Ukraine.
Our team is preparing four new security agreements for Ukraine.
- Very soon, we will begin negotiations and quite promptly prepare the documents for signing.
- With these, we will have almost thirty such agreements with our partners.
- We aimed to include various countries, not just NATO members. However, all of them are equally ready to help us defend our shared values.
- And this will happen.
This is exactly what we are doing.
I want to thank all our people, all our rescuers from the State Emergency Service of Ukraine working to protect people's lives in different regions of our country, both in the rear and in the frontline and border areas of Ukraine.
Uploaded: Jul 22, 2024
Two Ukrainian military trains were obliterated in a devastating ballistic missile strike by the Russian Defense Ministry. The trains, transporting equipment and personnel of the 41st mechanized ...
- These are the people who always, under any circumstances, arrive at the scene after Russian attacks and shelling and do absolutely everything to help as quickly as possible.
- Our state services remain functional in all regions.
I especially want to mention the employees of the State Emergency Service in the Kharkiv region – the entire team of rescuers in the region, particularly Andriy Sydorchenko, Yevhen Popov, Maksym Hunko, Viktor Koval, and Serhiy Lysytsia.
Thank you and all your colleagues!
Also, the State Emergency Service in the Kherson region – all the employees of the department, especially Ivan Smolenskyi, Taras Staryshchak, Serhiy Yachmeniov, Vladyslav Pylypenko, and Oleksandr Vasechko... Thank you!
Also, the State Emergency Service in the Kherson region – all the employees of the department, especially Ivan Smolenskyi, Taras Staryshchak, Serhiy Yachmeniov, Vladyslav Pylypenko, and Oleksandr Vasechko... Thank you!
But there, as elsewhere, our rescuers always help. Thank you to the entire team of the main department of the State Emergency Service in the Sumy region, especially Yaroslav Samoylenko, Oleh Moroz, Andriy Shchennikov, Andriy Pokydiuk, Oleksandr Klochkov, and Ruslan Pylypets.
Thank you to everyone who protects our state, our people, and our Ukrainian interests!
Thank you to everyone in the world who helps us!
Glory to Ukraine!
v | Videos |
No comments:
Post a Comment