Rantburg

Today's Front Page   View All of Fri 04/26/2024 View Thu 04/25/2024 View Wed 04/24/2024 View Tue 04/23/2024 View Mon 04/22/2024 View Sun 04/21/2024 View Sat 04/20/2024
2015-04-12 Caucasus/Russia/Central Asia
The Main Players in the Ukraine Debt Battle - Will They Sink or Swim?
Three years after facing off over Greece's debt workout, the two giants of debt restructuring — Lazard and Blackstone – are again preparing to do battle, one for Ukraine and the latter on behalf of its creditors.

The aim of having private investors take a $15.3 billion hit on their Ukrainian debt holdings as part of a $40 billion international rescue package sounds like peanuts compared to Greece, where creditors took a 75 percent haircut on 200 billion euro of debt. But Russia's involvement this time is injecting an extra frisson: accused of supporting an anti-Kiev insurgency, Moscow is also a prominent creditor potentially capable of derailing the plan.

Another prominent player is Franklin Templeton, one of the world's biggest asset managers, whose star investor, Michael Hasenstab, has staked over $6 billion of clients' money – and his reputation – on Ukraine.

Here are profiles of some of the main players in the talks.
Some nasty things on the Ukrainian side with regard to debt taking place in the background.
Posted by badanov 2015-04-12 00:00|| || Front Page|| [12 views ]  Top

#1 Exactly how much Ukraine sans Crimea is worth?
Posted by g(r)omgoru 2015-04-12 06:10||   2015-04-12 06:10|| Front Page Top

02:13 Besoeker
02:02 Grom the Reflective
02:01 Grom the Reflective
01:49 NN2N1
01:45 NN2N1
01:44 NN2N1
01:40 NN2N1
01:36 NN2N1
01:34 Grom the Reflective
01:32 crazyhorse
01:07 Grom the Reflective
00:28 Angealing+B.+Hayes4677









Paypal:
Google
Search WWW Search rantburg.com