Ukraine has reached an agreement in principle with the Eurobond Holders Committee on restructuring, Prime Minister Denys Shmyhal said.
“We are restoring debt sustainability. Today, we have reached agreements in principle with the Eurobond Holders Committee of Ukraine. This is an important step in the debt restructuring process that will save USD 11.4 billion in debt service over the next few years. It will save USD 11.4 billion on its servicing over the next three years and USD 22.75 billion by 2033,” Shmyhal wrote on his Telegram channel.
According to him, this way, Ukraine will be able to free up resources for urgent needs: defense, social protection and recovery.
