Payday for Ukraine default swap holders as credit event looms: Bloomberg
Ukraine's Finance Ministry said last month that it would impose a “temporary suspension of payments” to allow it to complete an $18 billion debt restructuring, the move likely to trigger a so-called credit event -- which means payday for the holders of insurance contracts known as credit-default swaps, according to Bloomberg.
UNIAN Web subscription
Get a complete information picture of the day by subscribing to UNIAN’s news feeds.
For more information, please call: