Ukraine Faces Sunday Payment Deadline as Nomura Sees Deal Near
- $60 million interest payment looms for 2021 Eurobonds
- Promeritum money manager expects deal or moratorium next week
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Ukrainian bonds headed for a weekly decline before an interest payment comes due in two days that will shed light on the government’s progress in negotiating a $19 billion debt restructuring with creditors led by Franklin Templeton.
Nomura Holdings Inc. and Promeritum Investment Management LLP predict the eastern European nation will announce an agreement with holders of almost half of its external debt next week. The war-ravaged nation would need to make any restructuring offer within days to ensure it allows creditors enough time to consider the plan before $500 million of notes fall due Sept. 23.