KYIV, July 20 – A group of Ukraine's creditors consisting of Canada, France, Germany, Japan, the UK and the US strongly recommend that holders of Ukraine's eurobonds accept its offer to defer payments and redemption for two years, as well as revise the terms of GDP warrants.

"We, the group of creditors of Ukraine, express our solidarity with and support for Ukraine as it defends itself against Russia’s unjustified, unprovoked and illegal war of aggression. We note the publication today of a consent solicitation from Ukraine to defer the debt service due to bondholders from August 1, 2022 and to extend payment maturities," the Finance Ministry of Germany said on its website.