Ukrainian government approves framework for $15 billion debt-swap: Finance Ministry

April 4, 2015 12:48 PM

9 0

KIEV (Reuters) - The Ukrainian government approved on Saturday the framework for Ukraine's debt restructuring operation through which it aims to generate $15.3 billion, the Finance Ministry said in a statement.

Ukraine is due to start talks on a fast-track debt swap with investors including Franklin Templeton, PIMCO and Blackrock as part of a $40 billion bailout approved with the International Monetary Fund last month.

Also read: U.S. motor travel up 1.5 percent in April from year ago: DOT

Read more

To category page