Ukraine’s Bondholders Approve $20 Billion Debt Restructuring

Ukraine received widespread support from private creditors to restructure its overseas bonds, allowing the nation to secure much-needed debt relief to finance its fight against Russian aggression, Bloomberg News reported. The agreement more than two years after Russia’s invasion marks a swift resolution of the debt revamp following two rounds of negotiations in June and July, in which Kyiv asked bondholders to accept bigger losses than they initially aimed for.
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Ukrainian Railways: Court Decision Will Cause Our ‘Bankruptcy and Shutdown’

Despite all its recent freight growth and international expansion plans, Ukrainian Railways now finds itself in a problematic situation, railtech.com reported. The Ukrainian operator says that it is facing potential bankruptcy, after a number of companies have succeeded in annulling a 2021 rail tariff hike via a Kyiv court. Ukrainian Railways announces that it is now in troubled waters, according to a post on its Telegram channel. “Private companies using the courts are trying to reduce tariffs for themselves, which will cause the bankruptcy and shutdown of Ukrainian Railways,” it says.

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