WASHINGTON, D.C.: A leading international banking group expressed concern on Wednesday (Thursday in Manila) over talks for a new international bailout of Ukraine that could hit private bondholders.
The Institute of International Finance (IIF), which counts 500 major global financial institutions as its members, said the $40 billion rescue of the embattled country appears to include $15 billion that would come from non-payment of Ukraine debt held by private sector investors.
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