Russia Says It Won’t Participate in Ukraine Restructuring

Russia won’t participte in Ukraine’s debt restructuring, Finance Minister Anton Siluanov said by telephone on Thursday.

Ukraine agreed to a restructuring deal with creditors after five months of talks, Ukrainian Finance Minister Natalie Jaresko said. That includes a 20 percent writedown to the face value of about $18 billion of Eurobonds.

Russia doesn’t agree to write down 20 percent of the $3 billion in Eurobonds it bought from Ukraine, according to Siluanov.

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