KYIV, March 30 – DTEK Energy, the largest private producer of electricity and coal in Ukraine, is developing a proposal on debt restructuring and introducing standstill for debt liabilities and asked holders of its loan participation notes and the bank debt to support the company in this difficult decision.

"In the context of the growing economic crisis caused by the coronavirus COVID 19 pandemic, the fall of global financial markets and the collapse of commodity prices, in order to minimize the negative economic consequences, DTEK Energy takes emergency measures and suspends the payment of coupon on its eurobonds and interest on bank debt," the company said in a report on Saturday.