Ukraine has struck a deal with international bondholders to restructure about $20bn of debt, boosting Kyiv’s drive to use private capital to finance its war effort against Russia.
President Volodymyr Zelenskyy’s government said on Monday that it won support from investors to reduce the face value of the debt by more than a third, paving the way for a formal restructuring in the coming weeks.
The agreement will replace a two-year moratorium on bond payments that was granted after Russia’s full-scale invasion of Ukraine in 2022 but was due to expire next month.
Ukraine sought debt relief as part of its conditions for continuing bailout loans from the IMF, which said it had endorsed Monday’s deal alongside backing from the US, UK and other allies that are financing Kyiv’s war effort.
Ukraine finalised terms last week during talks with a committee of bondholders, as well as other investors, which together own about a quarter of the debt.



The Israeli Knesset on Monday passed a death penalty law targeting Palestinians, in a move condemned...
Israeli forces blocked two senior Catholic leaders from reaching the Church of the Holy Sepulchre in...
One of the Kremlin’s most widely viewed advocates of Russia’s brutal invasion of Ukraine, Yuri Podolyaka,...
Israeli forces killed at least eight people in attacks on police stations and another location in...





























