DTEK Energy will pay September bond coupon in full. Ukraine’s largest private electricity and coal producer, DTEK Energy, plans to pay September’s $29.5M coupon on its 2027 note in cash, said the CEO of the company, Maxim Timchenko. That would mark the... #DTEK #DTEKBonds #MaximTimchenko
DTEK received UAH 2.7B from Ukrenergo’s green Eurobonds. On January 21, the Guaranteed Buyer transferred UAH 2.7B ($96M) to DTEK Renewables to pay off the debt owed from the issue of green Eurobond guarantees extended by Ukrenergo, announced DTEK spokesman ... #DTEK #DTEKBonds #Ukrenergo
Last month’s restructuring of much of DTEK’s bank and bond debt can be traced back to debt taken on in 2012, before the Donbas war , Tymchenko says. Due to the war, DTEK lost control of mines and power stations, which cut the company’s electricity production in half. “In 2012, we produced 51 billion KWh — in 2020, 26.3 bill... #DTEKBonds #DTEKEnergy
DTEK Energy yesterday completed a 14-month restructuring of its loan portfolio, converting current Eurobonds and major bank debt, totaling more than $2 billion, into new Eurobonds; the company said last night after London markets closed. In an announcement posted on the London Stock Exchange, DTEK said parts of the current debt on DTEK Energy Eurobonds were converted into $425 m... #DTEKBonds #DTEKEnergy
