Debt restructure talks deadlock as Kiev suggests 40% investor haircut
LONDON, June 11 - Ukraine can't meet IMF terms for a bailout unless creditors write down 40 percent of the sovereign bonds they hold, a source said on Thursday in comments that suggest talks are deadlocked, Reuters reported.
Finance Minister Natalia Yaresko suggested the 40 percent write-down, or haircut, on the bonds earmarked for restructuring during a visit to Washington on Wednesday. |