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Ukrzaliznytsia agrees to pay some of the Debt to VR Global Partners L.P.

Tuesday, September 21, 2021

In 2019, Ukrzaliznytsia’s debts to PJSC Prominvestbank valued at $153.25 million were sold to VR Global Partners L.P. UZ stating that they are ready to pay only confirmed debt obligations and are not ready to allow double penalties (reports). “Ukrzaliznytsia also did not agree with the interest to be paid on the debt from 10 to 11%, however, 3% interest rate would be more accurate.

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