Investors holding $20 billion in Ukrainian bonds are organizing a creditors' committee and preparing for restructuring talks in April.
The creation of this committee will help them effectively negotiate with the Kyiv government to revise the terms of debt obligations.
According to the agency, official negotiations may begin before the spring meeting of the International Monetary Fund, scheduled for April 17 in Washington.
This will be the first attempt to formalize a dialogue between private bondholders and Ukraine. Until now, consultations, which have taken place since autumn 2023, have been informal.
According to insider information, the Ukrainian debt management has reached out to certain investors in an attempt to form a group of creditors.
The creditors' committee is expected to include eight to 12 large asset management companies.
