International creditors have agreed to postpone Ukraine’s payments on Eurobonds.
Thursday, July 21, 2022

International creditors have agreed to postpone Ukraine’s payments on Eurobonds.

The group of creditor countries is ready for the suspension of the servicing of Ukraine’s national debt from August 1 until the end of 2023 and calls on the holders of its Eurobonds to do so. They also urge investors to agree to Ukraine’s proposed restructuring of GDP warrants. This comes from a statement by creditors published on the Ministry of Finance of Germany website. The group of creditors, whose observers include Australia, Austria, Belgium, Brazil, Denmark, Finland, Ireland, Israel, Italy, Korea, the Netherlands, Norway, Spain, Sweden, and Switzerland, strongly urges all other official bilateral creditors to reach an agreement with Ukraine on the suspension of debt service.

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The licenses of financial institutions with Russian employees will be suspended.

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Ukraine will ask for a two-year postponement of Eurobond payments.

Ukraine will ask for a two-year postponement of Eurobond payments.

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