The Ukrainian Metal

Ukraine: DTEK to restructure its eurobonds

DTEK has announced its eurobonds holders that it planned to restructure its obligations in Q1 2016.

So the company calls unto the holders to have joint consultations to form a creditor committee that would appoint a financial advisor and get in contact with DTEK advisor – Rothschild.

DTEK is speaking about $750 million eurobonds (at 7.875%) to be cleared on April 4, 2018, and $160 million (at 10.375%) to be cleared on April 28, 2016. (Ukrainian metal)

Exit mobile version