Templeton Said to Reject City of Kiev Bond RestructuringBy
London-based branch of fund manager said to hold 32% of bond
New terms accepted by most other holders of Kiev's debt
Franklin Templeton Investment Management Ltd. rejected terms put forward by the City of Kiev to restructure a $250 million bond, according to a person familiar with the talks, making it one of the only holdouts in Ukraine’s $23 billion debt restructuring.
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