Over 97% of Eurobond holders support Ukraine’s restructuring planthat will save the country $11.4B. The Ministry of Finance of Ukraine said that 97.38% of holders of $20.47B ($24.3B including interest) in Eurobonds support the restructuring agreement, exceeding the required two-thirds threshold. &#... #eurobonds #ukrainebonds #UKraineGDPwarrants
Ukraine has stopped servicing GDP warrants and some other external obligations. The Cabinet of Ministers adopted a resolution suspending the servicing of Ukraine’s obligations to several creditors under loans and Eurobonds and obligations under GDP warrants. In particular, ... #ukrainedebt #UKraineGDPwarrants #UkraineStopedServicingDebt
The Ministry of Finance manages to buy out 20% of Ukraine’s GDP warrants in February and reduce payments on Eurobonds in September by $100M. “Due to this, Eurobond redemption payments will be $100M less and will amount to $912M in September,” said Finance Minister Serhiy M... #GDPwarrants #nbu #UKraineGDPwarrants
Ukraine may pay UAH 1.3-2.4B on GDP warrants in 2023. Experts believe that Ukraine may pay between UAH 1.3B to UAH 2.4B to holders of GDP-warrants in 2023, as economic growth in 2021 could reach 3.2-3.3% of the GDP, experts said, referring to the State ... #GDPwarrants #UKraineGDPwarrants
On May 31, Ukraine will make its first payment on GDP warrants issued under the 2015 public debt restructuring. The payment will be $40.1 million, according to the Irish Stock Exchange. With a total face value of $3.2 billion, the bonds are to be repaid through 2040, depending on GDP growth. Analysts warn that,... #2015GDPwarrants #UkraineDebt2021 #UKraineGDPwarrants #UkraineRestructuringDebt
Two Citibank strategists recommend investors buy Ukraine’s GDP warrants, saying they could rise from 105.5c today, to 125c. In a note to investors Luis Costa and Dumitru Vicol wrote: “Mounting fiscal pressures to finance the planned 5.5%/GDP deficit for 2021 are likely to ... #GDPwarrants #UKraineGDPwarrants
