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Authorities to press ahead with $550 million Kiev restructuring
Journal Staff Report

KIEV, Nov. 12 – Ukrainian authorities plan to reach an agreement on restructuring of Kiev city's notes worth $550 million without the preliminary consent of the ad hoc committee of creditors, a well-informed source in the government has told Interfax-Ukraine.

The source said that the sides were close to the agreement during the negotiations with the committee of creditors, although the deal was blocked by one of the large note holders.




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