KIEV, April 2 - DTEK, Ukraine's largest private energy holding, has updated the terms of restructuring eurobonds worth $200 million maturing on April 28, 2015.
According to an issuer report on the Irish Stock Exchange website, DTEK, as before, proposes the repayment of 20% of the debt principal and exchanging the remaining sum for new bonds.
However, the circulation period of new eurobonds is shortened to March 2018 from April 2019 and foresees a depreciation repayment mechanism - 50% of the nominal value will be repaid in September 2017.
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