Ukrainian officials were considering debt-restructuring options as the war placed growing pressure on the country's finances, Bloomberg reported on June 30, 2022. The report, syndicated by Yahoo Finance, cited people familiar with the discussions.
Officials were evaluating several approaches, with no final decision expected until later in the summer. Bloomberg calculated that Ukraine faced approximately $1.4 billion in principal and interest payments on September 1.
One option involved seeking bondholders' consent to change the terms of existing securities. The report also described discussion of frozen Russian assets, while noting unresolved legal questions.
The talks reflected the challenge of financing defence and humanitarian needs while preserving relationships with international investors. The report did not announce an agreed restructuring or a decision to default.
Read more at Bloomberg. Supporting report: finance.yahoo.com.
