Main players in Ukraine debt battle prepare to face off

April 9, 2015 5:26 PM

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LONDON, April 9 (Reuters) - Three years after facing off over Greece's debt workout, the two giants of debt restructuring - Lazard and Blackstone - are again preparing to do battle, one for Ukraine and the latter on behalf of its creditors.

The aim of having private investors take a $15.3 billion hit on their Ukrainian debt holdings as part of a $40 billion international rescue package sounds like peanuts compared to Greece, where creditors took a 75 percent haircut on 200 billion euros of debt. But Russia's involvement this time is in...

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