- n news of the deal
LONDON, July 22 (Reuters) – Ukraine said on Monday it had reached an agreement in principle with a group of creditors to restructure $20 billion of international bonds, bringing the war-torn country closer to an unprecedented debt rework.
Ukraine’s announcement comes just over a week before a 2-year debt suspension agreement struck in 2022 is due to run out and marks the first time a country has embarked on a debt restructuring in the midst of a full-scale war.
Source: REUTER
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