KYIV, Aug 3 – Naftogaz Ukrayiny sent to eurobond holders through their issuer Kondor Finance Plc a repeated consent solicitation to defer principal payments on them for two years, in which, unlike the original one, it proposes to defer repayment and, accordingly, extend the circulation for two years, not only for eurobonds 2022, but also eurobonds 2024 and eurobonds 2026.
The requested deferral on maturities and interest payments, in terms of cash flows, is broadly in line with the terms proposed by other Ukrainian state-owned issuers and the terms included in the consent solicitation initiated by the Ukrainian Sovereign on July 20, 2022, the company said on Wednesday.
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