Ukraine Bondholders Pick PJT, Weil as Advisers for Restructuring
A worker crosses an elevated platform at a thermal power plant, extensively damaged after a Russian missile strike, at an undisclosed location, in Ukraine, on April 12.
Photographer: Andrew Kravchenko/BloombergThis article is for subscribers only.
A group of Ukrainian debt holders has chosen PJT Partners Inc as its financial adviser ahead of a potential restructuring, according to people familiar with the matter.
The bondholders — a large group that includes the likes of Amundi, BlackRock and Amia Capital - are beginning to organize as a freeze on bond repayments granted to Ukraine in 2022 is scheduled to end in September, said the people, who asked not to be identified discussing private information.