From Bloomberg: "Ukraine amended the terms of an $18 billion restructuring to meet the demands of a group of rebel investors who threatened to derail the process, increasing the likelihood that all bondholders except Russia will approve the deal."
"The proposal 'leaves Russia a bit isolated,' said Gabriel Sterne, the head of macro research at Oxford Economics in London. 'What’s being offered to Russia isn’t all that bad. In the history of debt restructurings, I don’t think Russia has much of a leg to stand on. And from the point of view of the causes of the war, they’ve got no legs to stand on.'"