Naftogaz is working to restore investor confidence

NJSC Naftogaz of Ukraine has held a series of consultations with holders of the company's Eurobonds aimed at developing a mutually acceptable solution to restructure Naftogaz's debt obligations ensuing from Eurobonds maturing in 2022 and 2026.
 
As part of this process, proposals on possible formats and modalities for restructuring the Eurobonds and other essential conditions of respective transactions are being discussed with investors.
 
The ongoing consultations with the Eurobond holders are being facilitated by Lazard Frères SAS, the financial advisor, and Freshfields Bruckhaus Deringer, the legal advisors.
 
For more details on issues under discussion being subject to change in the course of further negotiations, please follow the link.

Other news