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Nation    

Ukraine debt at half price as holders await $15.4 billion restructure
Journal Staff Report

LONDON, March 11 - Ukraine, seeking to plug a $15 billion-plus funding gap via debt restructuring, may find that a multi-year payment moratorium does the trick, with investors possibly having to swallow a smaller eventual writedown than feared, Reuters reported.

The country got the nod from the International Monetary Fund on Wednesday for a $17.5 billion loan package, and the fund assumes Kiev will get $15.4 billion from talks with creditors.




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