Investors have agreed to defer payments on Ukraine's external debt until 2024, which will save almost $6 billion at the moment. The money that was reserved for payments to investors will be used to stabilize the economy and help the army.. This was stated by the Prime Minister of Ukraine Denys Shmygal, commenting on yesterday's decision of holders of Eurobonds and GDP warrants to accept new conditions for deferring payments.
" Thank you for the step of solidarity. We are also grateful to the G7 countries for supporting this position,"
He also said that the owners of securities of the state-owned Ukrenergo and Ukravtodor also accepted a proposal to postpone.
The saved funds will be used to prepare for the heating season and restore the destroyed infrastructure.
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Recall that on the eve of the holders of about 75% of the total outstanding nominal amount of 13 series of government bonds voted for changes in the issuance of these bonds. And the holders of approximately 91% of the total outstanding notional amount of government derivatives voted for changes in the terms of GDP warrants. The new conditions will come into force on August 11.
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