Some Ukraine Bondholders in No Rush for Accord as Payday Nears
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Not everyone is hoping for a speedy resolution to Ukraine’s debt restructuring.
Holders of a $500 million note due Sept. 23 are the most likely to benefit if negotiations drag on because they have a shot at getting paid back in full. The securities are changing hands near the biggest premium to the bonds due in 2023 since May, meaning a growing number of investors are betting that might be the case.