KIEV, Aug. 21 – The Special Creditors' Committee of the Ukrainian authorities could use the give-and-take policy as part of the negotiations on the restructuring of eurobonds and an agreement on a haircut of around 20% of the debt could be reached, according to analysts polled by Interfax-Ukraine.
"My view is that if they reach a deal, it's likely that the creditors have moved closer to the Ukrainian position and met them in the middle. In any case, the IMF's criteria (including the 71% debt/GDP) constrain the ability of the Ukrainians to accept a deal with a small haircut. I don't have specific views on market pricing at this point, given that there are a lot of factors that come into play here," Goldman Sachs analyst Andrew Matheny said.
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