Ukraine May Avoid Writedowns in Bondholder Talks, Fitch Says
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Ukraine may avoid writedowns on the value of its securities in restructuring talks with bondholders as part of an international bailout, said Paul Rawkins, a senior director at Fitch Ratings.
“What’s most likely is, as the authorities have implied, some form of a rescheduling, no haircuts, just a straightforward extension of maturities,” London-based Rawkins said in a phone interview. “We don’t expect haircuts at this stage.”