MOSCOW, Feb. 12 - Sberbank has closed a deal on the conversion of the debt of Ukravtodor and Pivdenne Design Bureau for a sum of $367.4 million in eurobonds and Ukrainian notes for $376 million, the bank said in a press release.

The restructuring envisages the exchange for Ukrainian sovereign securities without financial losses for Sberbank, the bank said. Of the notes, which the creditor will receive, 75% are Ukrainian eurobonds with repayment in 2019, 25% are notes, the payments for which are tied to Ukraine's GDP.