Ukraine Railways Suspends Upcoming Bond Coupons to Preserve Cash

The suspension of bond coupon payments by Ukrainian Railways underscores the severe financial distress caused by the prolonged conflict with Russia. This move, while necessary for cash preservation, may have long-term implications for investor confidence and the overall economic recovery of Ukraine. As the war continues, the ability of state-owned enterprises to maintain financial obligations will be critical in assessing the country's economic resilience.