Ukraine seeks to postpone Eurobond repayments by 24 months

0 Comment(s)Print E-mail Xinhua, July 20, 2022
Adjust font size:

The Ukrainian government will negotiate with its foreign creditors to postpone Ukraine's Eurobond repayments by 24 months, the Interfax-Ukraine news agency reported on Wednesday, citing a cabinet decree.

Ukraine is seeking to reach an agreement with its lenders on the issue by Aug. 15, according to the document.

If creditors refuse to voluntarily postpone the payments, Ukraine will continue to service its debts in accordance with the existing conditions, said the decree.

By July 2024, Ukraine has to repay some 3 billion U.S. dollars of Eurobonds in three payments, local media reported.

According to Ukraine's Finance Ministry, the country's state and state-guaranteed debt increased by 3.82 billion dollars in May to 101.44 billion dollars.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter