Weekly Insight -- Eurobond restructuring begins
Ukraine announced the full conditions for the Eurobond restructuring and invited investors to participate in the exchange offer. The exchange process will last until the end of August.
The official proposal offers an exchange of existing bonds for two series of new bonds, each consisting of four instruments with different maturities. Series A bonds are due in 2029, 2034-2036, and Series B bonds have maturities in 2030, 2034-2036.