Corporate Debt Restructuring in Ukraine: Needs and Solutions
Oleksander A. Plotnikov
The troublesome state of financial and economic affairs in Ukraine, redoubled by Russia’s escalating aggression in the East and the earlier annexation of Crimea are the reason why defaults may be expected on the part of some Ukrainian borrowers in 2015. Such defaults may involve Eurobonds as well as bilateral and syndicated loans. Thus, large-scale (in local terms) corporate debt restructuring processes will be inevitable in 2015.
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