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Ukrzaliznytsias capex plan may fail due to upcoming Eurobond payment
Journal Staff Report

KYIV, May 10 Ukrzaliznytsia could fail to fulfill the plan for capital investments because of the need to pay more than $150 million on eurobonds in the second half of this year, Infrastructure Minister Volodymyr Omelyan.

"In the second half [of the year] they must pay $150 million on eurobonds and $17.3 million of interest. Of course, this is much for Ukrzaliznytsia," the minister said.

According to him, in the near future the company will be able to evaluate what to do with the expected repayment, from where to raise these funds and how to carry out restructuring.




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