The Ministry of Finance of Ukraine reported that more than 97% of owners of Ukrainian Eurobonds agreed to the agreement on the restructuring of the country's external commercial debt. This agreement will allow Ukraine to significantly reduce debt servicing costs, which is an important step in the country's financial stabilization.
According to the terms of the agreement, Ukraine will be able to save 11.4 billion US dollars over the next three years. By 2033, total savings will be $22.75 billion. These savings will go towards financing the security and defense sector, which is critical in the current martial law environment.
Debt restructuring has become an important financial step for Ukraine in the context of ongoing conflict and economic difficulties. Support from most creditors not only reduces the debt burden, but also provides additional resources to support national security and defense.
