Ukraine’s sovereign restructuring: launch of $18bn simultaneous exchange offers


International Ukraine’s sovereign restructuring: launch of $18bn simultaneous exchange offers Sep 25, 2015 On Tuesday, 22 September, Ukraine successfully launched exchange offers in relation to 14 sovereign and sovereign-guaranteed Eurobonds with outstanding principal amounts of c.US$18 billion. This follows less than a month after Ukraine and its ad hoc creditors’ committee (“AHC”) agreed Indicative Heads of Terms, following months of intense negotiations. Continue reading >> More from the Restructuring Blog Stapled Exchange, Market Trends, Cross-border, Chapter 15, International The UK Stapled Exchange Strategy for Restructuring U.S.-Listed Companies Gains Steam: Southern District of New York Bankruptcy Court Blesses Fossil Strategy and Provides Clarity in New Fortress Energy Chapter 15 Decision Jul 2026 Contributor(s) Ronit J. Berkovich Alexandra Langmo Chapter 11 Plans, Corporate Governance & Fiduciary Duties, Settlement Independent Committees and Business Judgment Deference: Lessons from the QVC Intercompany Settlement Sep 2026 Contributor(s) Matt Barr Alejandro Bascoy Financial Markets, Financing, Out-of-Court Restructuring Client Alert — Equity Markets and Balance Sheet Management: Weighing ATM Offerings, Registered Direct Offerings and Debt-for-Equity Exchanges Aug 2026 Contributor(s) Michael Stein Michael Hickey Alex Lynch Frank Adams Michael Cremers Copyright © 2026 Weil, Gotshal & Manges LLP, All Rights Reserved. The contents of this website may contain attorney advertising under the laws of various states. Prior results do not guarantee a similar outcome. Weil, Gotshal & Manges LLP is headquartered in New York and has office locations in Austin, Boston, Brussels, Dallas, Frankfurt, Hong Kong, Houston, London, Los Angeles, Miami, Munich, New York, Paris, San Francisco, Silicon Valley and Washington, D.C.

On Tuesday, 22 September, Ukraine successfully launched exchange offers in relation to 14 sovereign and sovereign-guaranteed Eurobonds with outstanding principal amounts of c.US$18 billion. This follows less than a month after Ukraine and its ad hoc creditors’ committee (“AHC”) agreed Indicative Heads of Terms, following months of intense negotiations.
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Copyright © 2026 Weil, Gotshal & Manges LLP, All Rights Reserved. The contents of this website may contain attorney advertising under the laws of various states. Prior results do not guarantee a similar outcome. Weil, Gotshal & Manges LLP is headquartered in New York and has office locations in Austin, Boston, Brussels, Dallas, Frankfurt, Hong Kong, Houston, London, Los Angeles, Miami, Munich, New York, Paris, San Francisco, Silicon Valley and Washington, D.C.

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