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