Russian bonds put on debt restructuring list / Photo from UNIAN
The Cabinet of Ministers has approved the inclusion of eurobonds issued under the $3 billion Russian loan, maturing in December 2015, into the general list of government securities to be restructured, according to Government Resolution No. 859, published on the Cabinet website.
Beside the “Russian” bonds, the list also includes bonds issued in 2005-2013 maturing in 2015-2023, as well as eurobonds of Financing Infrastructure Projects state enterprise issued under the state guarantees in 2010-2012 maturing in 2017 -2018.
As UNIAN reported earlier, the Ukrainian government has agreed with creditors on the restructuring of its sovereign debt worth $18 billion with a 20% haircut after five months of talks.
Ukraine offered its Russian creditors the same terms for the restructuring of a $3 billion debt. However, according to Bloomberg, the Russian Economic Development Minister Anton Siluanov said that the Russian side refused to participate in the process of restructuring.