KIEV, April 8 – DTEK, Ukraine's largest private energy holding, has said that it is not able to pay the coupons on $910 million 2018 notes and initiates a moratorium on enforcement action and standstill in respect of the notes from the deadline until October 28, 2016.

"The purpose of the Scheme is to enable the company to create a stable platform during the period in which it seeks to negotiate with its creditors and finalize a full-scale restructuring of its capital structure," the company said on the London Stock Exchange on Friday.