Ukraine restructurizer “Yanukovych’s debt” for further cooperation with IMF
The Memorandum on cooperation between Ukraine and the IMF provides for the restructuring of the so-called “debt of Yanukovych” $ 3 billion on a common basis with the other holders of Ukrainian Eurobonds.
This is stated in the text of the Memorandum between Ukraine and the International monetary Fund.
“It is expected that the bonds, the holders of which is Russia, will be restructured in accordance with the parameters of the program”, – said in a Memorandum.
The IMF noted that Ukraine has fulfilled the criteria, which provides for a good faith request of the borrower to reach an agreement on the mechanism of repayment of debt to the creditor.
Ukraine also urged to show “good will” in the future.
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Russia has offered to “forgive” the debt Yanukovych for the light in the Crimea, – Dzhemilev
We will remind, earlier it became known that London’s High court will consider on an expedited basis, the case against the debt of Ukraine to Russia, known as the “debt Yanukovych” relatively broomley debt by 3 billion dollars.
Russia demanded an expedited review and asks to ignore in the Crimea. Instead, the Ukrainian side submitted a written explanation of the necessity for a full trial.
According to representatives of Ukraine in this context, the agreement of the parties regarding the bonds may be cancelled.
The government of Mykola Azarov has received a loan in the framework of agreements between Russian President Vladimir Putin and then-President Viktor Yanukovych in December 2013. Borrowing was issued through the redemption of Eurobonds of Ukraine at $ 3 billion through the Irish stock exchange. In 2015, the Russian side did not accept the terms of debt restructuring, demanding from Kiev for his return. The Ukrainian government refused to acknowledge the debt to official and insisted on its commercial basis.
in turn, the IMF has recognized the debt to Russia, the official, but said that lending to Ukraine will continue, even if it defaulted.
30, 2015, the Cabinet of Ministers of Ukraine adopted a decision about introduction of the moratorium on payment of debt of the Russian Federation.