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 Ukraine and creditors to agree on 22.5% debt writedown, - Bloomberg

According to a survey conducted by the agency, the probability that Ukraine will freeze debt payments is less than 50%.

Ukraine and its creditors will both give ground in talks over a principal writedown of 22.5 percent of its debt. These are results of a Bloomberg survey, Censor.NET reports.

Of 14 analysts and bondholders surveyed on Wednesday, 10 saw a smaller-than-even probability that Ukraine will freeze debt payments before $500 million of principal falls due on Sept. 23.

Read more: Ukraine to agree on 40% debt remission by late September

The previous survey conducted in late May expected the average reduction in the principal amount by 30%.

 
 
 
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