Ukrainian Eurobonds restructured to support wartime rail operations

Ukraine railway station (Photo EBRD)

UKRAINE: The holders of two issues of Eurobonds totalling US$895m have accepted proposals from national railway Ukrzaliznytsia to delay the repayment of the principal debt by two years. UZ explained that this would reduce the burden on its liquidity and contribute to stable operations during wartime and in post-war conditions.

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