"Benign" Ukrexim debt plan fuels rally on Ukraine state-sector bonds

April 21, 2015 1:34 PM

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LONDON, April 21 (Reuters) - Bonds from Ukrainian state-run companies rallied to fresh multi-month highs on Tuesday, after investors saw Ukreximbank's debt restructuring plan as relatively helpful and potentially boding well for future workouts.

Ukreximbank's $750 million bond maturing April 27 rose 9 cents according to Thomson Reuters data after its proposal to extend the bond's maturity by seven years and raise the coupon by 1.25 percentage points.

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