Ukraine’s Bondholders Approve $20 Billion Debt Restructuring
- Announcement marks swift resolution of debt saga amid war
- Nation’s bonds to resume trading after settlement date
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Ukraine received widespread support from private creditors to restructure its overseas bonds, allowing the nation to secure much-needed debt relief to finance its fight against Russian aggression.
The agreement more than two years after Russia’s invasion marks a swift resolution of the debt revamp following two rounds of negotiations in June and July, in which Kyiv asked bondholders to accept bigger losses than they initially aimed for.