To get its own house in order, DTEK Energy plans to swap its $1.67 billion debt for new Eurobonds by May

Thursday, February 11, 2021
To get its own house in order, DTEK Energy plans to swap its $1.67 billion debt for new Eurobonds by May

To get its own house in order, DTEK Energy plans to swap its $1.67 billion debt for new Eurobonds by May, Timchenko said of the company’s bond and bank debt restructuring. “It will be a public instrument with a yield of 5% this year, and 7% starting next year until the end of 2027. It will take three months legally [to complete] this process.”

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Foreign purchases of Ukrainian government bonds are returning to their peak levels of late 2019

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