Ukraine
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A US-led swift resolution to the war in Ukraine doesn't necessarily mean an end to hostilities -
When and how Ukraine will regain this market access is highly uncertain
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The government has been stung by uncapped payments to warrant holders
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Despite the end of a debt standstill looming, talks in June failed to reach a deal
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‘Notable gap’ separates Ukraine and its bondholders, says Barclays economist
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A debt payment standstill with private creditors expires next summer
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Energy company blamed the government for its default last year
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The invasion of Ukraine showed almost nothing is off the cards in Putin's Russia
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Unlike Ukraine's other state-owned issuers, Naftogaz is yet to secure full relief from bondholders
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Commitment will help Ukraine secure the approval of the IMF's executive for a new $15bn facility
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Ukraine's bondholders won't start new debt talks until 2024
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Bondholders have harshly criticised Naftogaz's conduct during debt relief talks
