Naftogaz of Ukraine has made the payments required to restructure its Eurobonds maturing in 2022 and 2026.
This was reported by the press service of Naftogaz Group.
It is noted that in this way, Naftogaz Group has come out of default.
"The official exit from the default on Eurobonds 2022/26 allows us to consider new financing for the group's capital investment plan. This was preceded by intense work with investors. We are grateful to our international partners for their cooperation and trust," said Oleksiy Chernyshov, Chairman of Naftogaz.
He emphasised that the compromise was reached thanks to financial and legal advisors.
Naftogaz Group has fulfilled the Cabinet of Ministers' plan to ensure gas volumes in the UGS facilities ahead of schedule.