KIEV, Oct. 30 – Ukraine's Finance Ministry has announced that the settlement of Ukraine's debt restructuring, including the delivery of new Ukrainian sovereign securities to entitled holders, is expected to take place on November 12.
"The terms of the restructuring were approved by 13 series of outstanding sovereign and sovereign guaranteed bonds at bondholders meetings held on October 14, 2015. The only series of Ukrainian bonds which did not approve the terms of the restructuring, and whose holders will accordingly be ineligible to receive new sovereign securities on the settlement date, is the December 2015 $3 billion bond," the ministry said in a statement.
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