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Naftogaz Ukrayiny to receive UAH6 billion capital injection
Journal Staff Report

KIEV, Feb. 28 - Ukraine's national oil and gas company Naftogaz Ukrayiny will soon receive a charter capital injection of UAH 6 billion by way of what has become a traditional practice over the past few years - the government paying for shares through a new 10-year government domestic loan bond issue.

Ukraine's Cabinet of Ministers adopted this decision, outlined in resolution 139, on February 22. It was approved on Tuesday.

The interest rate on the government domestic loan bonds will remain at its current level of no more than 9.5% per annum.




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