KIEV, May 27 – Ukraine's Finance Ministry said it welcomes the successful negotiations on debt re-profiling between state-owned Ukreximbank and the holders of about 30% of all three issues of the bank's loan participation notes (LPN) maturing in 2015, 2016, and 2018, worth about $1.5 billion.

"This will result in total savings to Ukraine's balance of payments of up to $1.5 billion for the 2015-2018 period," the Finance Ministry said.