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
Naftogaz will postpone payments for one of its Eurobond issues. Holders of Naftogaz Eurobonds maturing in 2024 agreed to defer payments for two years, but owners of another issue of Eurobonds refused to defer payments, reported Naftogaz. Thus, 77% of investors wi... #Naftogaz #NaftogazEuroBonds
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
Over the last two years, Naftogaz has sold a total of $1.55 billion of Eurobonds . On April 30, Ukraine’s Cabinet of Ministers suspended the Naftogaz Supervisory Board and installed Yuriy Vitrenko as CEO. “We were very unhappy and we made that very clear,” Renaud-Basso said. “We h... #EurobondsofNaftogaz #EuroBondsUkraine #NaftogazEuroBonds
