Naftogaz has made mandatory payments on Eurobonds by the restructure schedule.
This was announced today, July 19, 2024, by Oleksiy Chernyshov, CEO of Naftogaz Group.
Under the terms of the restructuring, Naftogaz has made mandatory payments, and the next one is scheduled for November 2024. We are fulfilling our obligations in good faith. Getting out of default demonstrates our reliability to international partners and enables Naftogaz to attract new capital investments for the company's development. This has been and remains one of my main tasks as CEO of Naftogaz Group," said Oleksiy Chernyshov.
In May 2023, the company agreed with investors on how to restructure Eurobonds.
In June 2023, the Government approved the terms of the restructuring of the 2022/2026 Eurobonds proposed by Naftogaz.