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Ukraine meets with investors in effort to strike debt deal

Reuters
Ukrainian President Petro Poroshenko addresses a news conference following talks with German Chancellor Angela Merkel, at the Chancellery in Berlin March 16, 2015. REUTERS/Axel Schmidt

WASHINGTON (Reuters) - Ukrainian authorities met with investors in Washington on Friday as part of an effort to secure agreement on extending maturities of bonds issued by state-run Ukreximbank.

In a news release issued following the meeting, Ukraine's Finance Ministry said it reaffirmed its support for a proposed three-month maturity extension for Ukreximbank debt maturing in April.

Ukraine is seeking to restructure the banks' bonds under an International Monetary Fund-backed overhaul of sovereign and state-guaranteed debt to plug a $15 billion funding gap.

Details on Ukraine's investor presentation can be found here: http://bit.ly/1G4g6Ni

(Reporting by Anna Yukhananov; Editing by Andrea Ricci)