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Business    

Ukrzaliznytsia appeals to holders of eurobonds for default exemptions
Journal Staff Report

KIEV , Nov. 22 – Ukrzaliznytsia has appealed to the holders of its eurobonds worth $500 million with a request to extend until the end of 2017 exemption from cross-default conditions on certain domestic debts, including that of Donetsk Railways.

According to a company report on the London Stock Exchange, those who agree to this leniency will receive $5 for every $1,000 of eurobonds par value.

A meeting of eurobond holders is scheduled for December 7.




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