national joint stock company (NAK) Naftogaz Ukraine on September 30 will pay holders of its eurobonds on $ 500 million coupons, while the principal repayment will not be achieved, said Minister of Fuel and Energy Minister Yuri Prodan.
NAC coupon payment until the end of the day. But it will not be those $ 500 million (principal amount of debt - Ed.), - he said.
at the rate 8.125% per annum and the semi-annual coupon period, the payment on Wednesday will be $ 20.3 million
Naftogaz Ukraine On September 24 proposed Eurobond holders to exchange them for new securities with a government guarantee and maturing in 2014. State Holding proposes to increase the coupon rate from the current 8.125% to 9.5% per annum. Thus, as suggested by the NAC, the holders who have agreed to restructure by October 8, will be able to exchange 100% of the debt, and the second phase of restructuring (15 October) the exchange will be carried out with a coefficient of 0,95.
Meeting
Eurobond holders will be held October 19, 2009 in London.
was also reported earlier that the NAC has already started negotiations to restructure foreign debt totaling $ 1.6 billion According to the Interfax-Ukraine , in addition to the Eurobond it comes to debt of Naftogaz Ukraine Depha Bank in the amount of $ 220 million, Credit Suisse International (CSI) - to $ 550 million, and Deutsche Bank - to $ 395.2 million with a maturity of accounts for 2009-2012. Given the total amount of interest payments on them is about $ 1.78 billion, including this year - about $ 650 million in the next - about $ 570 million
Recommendations on RTS Index futures on Wednesday
Today's publication of statistic data from the U.S. could lead to the exit from existing markets trading range
Finam raised the assessment of VTB
End of the month, quarter, and by whom, and on …
Today's trading on Asian exchanges take place in heteropolar areas
Bogolyubov: There is no collusion among bidders in the IPF was
Tense stop
State Property Fund refused to sell the IPF owners group Privat …
From continuing upward movement holds no corrective dynamics and achieved high price levels
Recommendations for market shares: LUKoil, Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank
Sold: Naftogaz Ukraine on Wednesday will pay the holders of Eurobonds coupon without repayment of principal
national joint stock company (NAK) Naftogaz Ukraine on September 30 will pay holders of its eurobonds on $ 500 million coupons, while the principal repayment will not be achieved, said Minister of Fuel and Energy Minister Yuri Prodan.
NAC coupon payment until the end of the day. But it will not be those $ 500 million (principal amount of debt - Ed.), - he said.
at the rate 8.125% per annum and the semi-annual coupon period, the payment on Wednesday will be $ 20.3 million
Naftogaz Ukraine On September 24 proposed Eurobond holders to exchange them for new securities with a government guarantee and maturing in 2014. State Holding proposes to increase the coupon rate from the current 8.125% to 9.5% per annum. Thus, as suggested by the NAC, the holders who have agreed to restructure by October 8, will be able to exchange 100% of the debt, and the second phase of restructuring (15 October) the exchange will be carried out with a coefficient of 0,95.
Meeting
Eurobond holders will be held October 19, 2009 in London.
was also reported earlier that the NAC has already started negotiations to restructure foreign debt totaling $ 1.6 billion According to the Interfax-Ukraine , in addition to the Eurobond it comes to debt of Naftogaz Ukraine Depha Bank in the amount of $ 220 million, Credit Suisse International (CSI) - to $ 550 million, and Deutsche Bank - to $ 395.2 million with a maturity of accounts for 2009-2012. Given the total amount of interest payments on them is about $ 1.78 billion, including this year - about $ 650 million in the next - about $ 570 million
Recommendations on RTS Index futures on Wednesday
Today's publication of statistic data from the U.S. could lead to the exit from existing markets trading range
Finam raised the assessment of VTB
End of the month, quarter, and by whom, and on …
Today's trading on Asian exchanges take place in heteropolar areas
Bogolyubov: There is no collusion among bidders in the IPF was
Tense stop
State Property Fund refused to sell the IPF owners group Privat …
From continuing upward movement holds no corrective dynamics and achieved high price levels
Recommendations for market shares: LUKoil, Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank