KIEV, Dec. 8 - Kiev's proposal over the restructuring of $250 million eurobonds maturing in 2015 has been backed by 57.07% of the security holders.

Kiev intends to extend the deadline for applications for securities conversion until December 16, the issuer said in a statement.

As reported, the holders of Kiev eurobonds worth $300 million maturing in 2016 at a meeting on December 8 supported the proposal on the exchange of the securities for Ukrainian sovereign eurobonds maturing in 2019-2020 and state derivatives.