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Naftogaz to ask all investors to defer for two years Eurobond payments
Journal Staff Report

KYIV, July 14 – Naftogaz Ukrayiny, which earlier this week asked for a two-year deferral of interest payments and eurobond redemption, will make a similar offer to all other international creditors, the issuer of its eurobonds, Kondor Finance Plc, said in an exchange statement.

The Issuer and the Borrower have first approached the Noteholders in accordance with their regulatory obligations. The Borrower may now negotiate payment deferrals for other international debt obligations to which it is a party. In cases where such loans are used and interest is paid, it is expected to receive a two-year deferral of interest payments from all other international creditors," the document said.




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