CEE Bonds
-
As fears over sovereign defaults grow, Naftogaz's failure to pay on a bond is a lesson for investors -
Two state-owned issuers will offer investors similar terms to the sovereign, unlike Naftogaz
-
The sovereign has so far received little push-back in its debt relief discussions with investors
-
Investors are showing 'very' strong support, said a source involved in the consent solicitation
-
Russia CDS auction can finally take place despite sanctions
-
Other state-owned Ukrainian issuers continue to pay debts, including Ukreximbank
-
Not all distressed issuers will blow up as worst case scenarios already priced in, buyers hope
-
Restructuring Ukraine's nearly $23bn of Eurobonds may be easier than expected
-
Private investors have little doubt the international bondholders will aid Ukraine
-
One investor queried whether Ukraine could afford a large back-payment of debt in two years' time
-
Ukraine's plan would save $3bn in redemption payments alone
-
Sanctions prevent most other Russian corporates from repaying foreign bondholders
