Ukraine to Consult Bondholders on Debt Terms After New IMF Loan - Bloomberg:
"Ukraine said it will approach holders of its sovereign bonds to try to negotiate more favorable borrowing terms after finalizing a proposed loan package with the International Monetary Fund.
“We’ll reach out to our sovereign creditors and talk to them about their vision, our vision, how we can work together to improve the debt sustainability in the medium-term,” Ukrainian Finance Minister Natalie Jaresko said today in an interview at the World Economic Forum in Davos, Switzerland.
Ukrainian authorities today requested a four-year financial aid package that would ease the economic pressures that have pushed the former Soviet republic to the brink of default. An IMF staff mission is in Kiev, and Jaresko said she hopes the loan deal is reached by the end of this month."
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