DTEK Energy, Ukraine’s largest private electricity and coal producer, seeks to restructure bank debt and its 2024 Eurobond. Bank debt payments are due tomorrow. A bond coupon is due Wednesday. DTEK Energy CEO Dmitry Sakharuk told Interfax-Ukraine: “Restructuring is not a default, it is a forced change in the order and timing of payments to creditors.” In the first half of 2019 report, DTEK Energy reported company debt of almost $2 billion – $1.2 billion in Eurobonds, and $711 million in bank debt.
DTEK Energy, Ukraine’s largest private electricity and coal producer, seeks to restructure bank debt and its 2024 Eurobond.
