KIEV, Sept. 20 – Ukrzaliznytsia intends to ask the holders of $500 million worth of restructured notes to revise the conditions for the securities in determining cross-default cases, the issuer announced on the website of the Irish Stock Exchange.

"The borrower is currently working with its advisors on preparation of documentation for a consent solicitation that will request holders of the notes to consent to certain waivers and amendments to the loan agreement and ancillary documents relating to the events of default," the company said.