News

Ukraine Wins Investor Approval to Pause Payments on Foreign Debts

Investors agreed to a two-year moratorium on Ukraine’s roughly $20 billion in foreign currency debt, following calls from Washington and other allied governments to give the embattled nation a financial respite while it burns the money.

Ukraine last month asked bondholders to postpone by two years interest and principal payments on a series of dollar- and euro-denominated government bonds with a total face value of nearly $20 billion. The government’s demand came as little surprise to creditors, who had expected Kyiv to have to restructure its debt while the war dragged on.

https://www.wsj.com/articles/ukraine-wins-investor-approval-to-pause-payments-on-foreign-debts-11660146243 Ukraine Wins Investor Approval to Pause Payments on Foreign Debts

Alley Einstein

USTimesPost.com is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@ustimespost.com. The content will be deleted within 24 hours.

Related Articles

Back to top button