Naftogaz completes its restructuring of defaulted bonds. The company officially offered bondholders a possibility to restructure their bonds maturing in July 2022 and November 2026, on which the company defaulted last year. The issuer of the securities, Kon... #NaftogazBonds #NaftogazEuroBonds #UkraineBond
The Cabinet of Ministers agreed on the restructuring terms for the Naftogaz Eurobonds due in July 2022 and November 2026. “This brings the company one step closer to fulfilling its obligations to investors,” said Oleksiy Chernyshov, Chairman of the Board of Naftogaz. The solicitation to amend the terms of the $335M... #BondsUkraine #Naftogaz #NaftogazBonds #OleksiyChernyshov
Naftogaz Ukraine provided creditors with a working scenario for debt restructuring. During an online meeting with investors, the company proposed a working plan for resolving the situation with 2022 and 2026 Eurobonds. Naftogaz and financial advisor Lazard Frères SAS are currently pr... #Naftogaz #NaftogazBonds #OleksiyChernyshov
Naftogaz has asked Eurobond holders to postpone their payments. Naftogaz of Ukraine, through the issuer of its Eurobonds, Kondor Finance plc, appealed to the holders of these securities for almost $1.5B with a proposal to postpone its coupon payments for two year... #Naftogaz #NaftogazBonds #NaftogazEuroBonds
