Ukraine Bondholders Pick PJT, Weil as Advisers for Restructuring

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Ukraine,Bondholders,PJT Partners Inc

A group of Ukrainian debt holders has chosen PJT Partners Inc as its financial adviser ahead of a potential restructuring. Weil, Gotschal & Manges LLP will act as legal adviser to the bondholders.

-- A group of Ukrainian debt holders has chosen PJT Partners Inc as its financial adviser ahead of a potential restructuring, according to people familiar with the matter.Risk-Addicted Wall Street Funds Are Shaken as Bad News Piles Up

Payments on the country’s $20 billion of outstanding international bonds were halted two years ago following Russia’s invasion, upon an agreement reached with bondholders. Editor’s note: This report has been updated to clarify the Saudi sovereign’s advisory panel position on giving funds to Jared Kushner’s firm. Former Obama deputy national security adviser Ben Rhodes said President Trump’s son-in-law Jared Kushner engaged in a “level of corruption that we’ve just never seen” when talking about his firm’s recent investments overseas.

 

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