The Ukrainian government published a resolution on a moratorium on payments


Moscow. December 18. Temporary suspension of payments on the Eurobonds of Ukraine at $3 billion, purchased in late 2013 by the national welfare Fund of the Russian Federation, is entered in the maturity date is 20 December 2015, according to the decree of the Cabinet of Ministers of Ukraine published on the government website.

“To introduce a temporary suspension of payments on repayment and servicing of state debt and guaranteed state debt on debt on the list according to Appendix, starting from the date specified in such list,” the document says.

A moratorium on payments for state-guaranteed loans “Ukravtodor” are introduced later: credit 2006 – 30 March 2016, loan of 2009 – 15 April 2016 and the loan of 2011 – 26 January 2016.

In respect of borrowed CB “southern” in 2011, the loan under state guarantees temporary suspension of payments scheduled from may 19, 2016.

As noted in the order, the period of suspension of payments for each debt obligation – prior to the transaction (transactions) on the restructuring and “change the terms of the relevant borrowing in respect of all creditors, as established by the relevant law of 19 may 2015.”