Back to News
investment

Ukraine Bondholders Seek Improved Terms After GDP Warrant Swap

Kerim Karakaya, Edward Clark
Loading...
1 min read
0 likes
Untitled design (12).png
Quantum News · Media Library

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The Kyiv skyline. Some holders of Ukraine’s dollar bonds are exploring ways to win more favorable terms from the government, arguing that last year’s restructuring of GDP-linked securities undermined their position, according to people familiar with the matter.Investors who exchanged their warrants in December received a new class of dollar debt and some holders of bonds from an earlier restructuring are debating whether they should seek similar terms, according to people familiar with the matter who asked not to be identified because the talks are private. Bondholders view the new, Class C debt as offering better protections.

Read Original

Source Information

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.