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Ukraine preparing to forward eurobond restructuring deal to Russians
Journal Staff Report

KIEV, Aug. 31 - After the final approval and formalization of an offer on the restructuring of Ukraine's sovereign and sovereign-guaranteed eurobonds, the Ukrainian government will forward it simultaneously to all of their holders, including the holders of the so-called Russian two-year eurobonds worth $3 billion issued in December 2013, Ukrainian Finance Minister Natalie Jaresko said.

"We have just signed the indicative terms. The Cabinet of Ministers has approved all this, and now we are submitting the legislation to the Verkhovna Rada next week so as to legalize all this. As soon as we pass this legislation and the president signs it, then we will make a so-called legal offer through the custodian system," Jaresko said on Hromadske TV on Friday evening.




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