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DTEK Energo asks eurobond holders to back proposed restructure terms
Journal Staff Report

KIEV, Nov. 21 – DTEK Energo, the largest Ukrainian private energy holding, has asked all holders of its eurobonds to back the key conditions of restructuring of the securities earlier agreed with the committee of eurobond holders.

The company said last week that the proposed coupon rate is 10.75% per annum. The issuer will pay the coupon in 2017 and 2018 in money terms at 5.5% per annum, at 6.5% per annum in 2019, 7.5% in 2020, 8.5% in 2021, 9.5% in 2022-2023 and 10.75% per annum in 2024.




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