Ukraine

Results for Ukraine

Ukraine’s Mriya Creditors Propose $1 Billion Restructuring Plan

Creditors of Mriya Agro Holding Plc said they presented the Ukrainian agricultural group with their own plan to restructure about $1 billion debt, Bloomberg News reported. Bondholders and lenders want the company to hire a chief restructuring officer and ...

Daily Headline - global.abi.org - 12/18/2014 - 22:18 - 0 comments

European Leaders Balk At Kiev’s Pleas To Fill $15 Billion Funding Gap

European leaders are balking at providing additional financial aid for Ukraine despite an urgent need to fill a $15bn funding gap as criticism of Kiev’s reform efforts mounts, the Financial Times reported. The International Monetary Fund has identifi ...

Daily Headline - global.abi.org - 12/17/2014 - 21:50 - 0 comments

Ukraine Premier Raises Risk of Default In Pressing for More Aid

Lawmakers gave initial approval Thursday to a government program containing the outline for an economic overhaul aimed at stabilizing the country’s finances, as Western backers prepare a new aid package, The Wall Street Journal reported. Prime Minist ...

Daily Headline - global.abi.org - 12/11/2014 - 21:55 - 0 comments

Debt Wrangle Engulfs Ukraine’s Mriya in $1 Billion Restructuring

International bondholders advised by Rothschild are recommending a change in control at Ukrainian agricultural company Mriya Agro Holding Plc as the grower of crops from wheat to potatoes seeks to restructure about $1 billion of debt, Bloomberg News repo ...

Daily Headline - global.abi.org - 11/12/2014 - 20:47 - 0 comments

Ukraine Will Need More Bailout Funding, IMF’s Lagarde Says

Ukraine will need additional bailout financing from outside the International Monetary Fund to keep the war-torn economy afloat, the head of the IMF said Thursday. The cost of the conflict with Russia-backed separatists has changed the country’s cash nee ...

Daily Headline - global.abi.org - 10/09/2014 - 21:37 - 0 comments

Ukraine's KVV Group To Buy Latvia's Insolvent Steelmaker

Ukraine's KVV Group has offered to buy Latvia's insolvent steelmaker Liepajas Metalurgs for 107 million euros ($138 million), the insolvency administrator said on Tuesday, Reuters reported. Liepajas Metalurgs, the only producer of rolled steel ...

Daily Headline - global.abi.org - 09/09/2014 - 21:19 - 0 comments

Ukraine May Need Additional Financing if Fighting Continues, IMF Says

Ukraine is facing a $3.5 billion funding gap and could need additional financing worth $19 billion next year if fighting continues through 2015, the International Monetary Fund said Tuesday in its latest review of the emergency bailout, The Wall Street ...

Daily Headline - global.abi.org - 09/02/2014 - 21:38 - 0 comments

Ukraine Seeks Swiss Help in Recovering Former Regime's Frozen Assets

Ukraine has asked Switzerland for help in recovering assets moved to the Alpine country by members of ousted leader Viktor Yanukovych's inner circle, according to a Swiss official, The Wall Street Journal reported. Since the start of the summer, ...

Daily Headline - global.abi.org - 08/19/2014 - 20:31 - 0 comments

Ukraine Holds Talks With Creditors About Possible Debt Restructuring

Ukraine's government held informal talks with private bondholders about the possibility of extending the maturities of its debt to help buy the country breathing room to repair its economy, a top banking industry group said Thursday, The Wall Stre ...

Daily Headline - global.abi.org - 06/19/2014 - 22:04 - 0 comments

World Bank Approves $1.5 Billion in Development Projects for Ukraine

The World Bank on Thursday approved $1.5 billion in funding for three Ukraine development projects as part of a larger international financing package, The Wall Street Journal reported. "We are stepping up our assistance to Ukraine because we wa ...

Daily Headline - global.abi.org - 05/22/2014 - 21:19 - 0 comments

Syndicate content