Naftogaz turns its attention to banks
Ukraine’s Naftogaz, the state-owned oil and gas group, is this week starting talks with its bank lenders in an effort to renegotiate $1.7bn of debt. As well as attempting to ease terms on its bilateral loans, the borrower has a $500m 8.125% Eurobond due on September 30 that it needs to restructure.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast
