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Ukraine pitching value recovery instrument to creditors, Yaresko says
Journal Staff Report

NEW YORK, June 19 – Ukraine is holding talks with creditors to negotiate the possibility of issuing a value recovery instrument as part of its debt restructuring if the Ukrainian economy recovers faster than predicted, according to Finance Minister Natalie Yaresko.

"This value recovery instrument is exactly what we're taking about," she said during the Ukrainian Investment Day" event organized by Concorde Capital in New York.

According to her, Ukraine is still aimed at reaching a joint restructuring agreement its creditors.




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