Naftogaz held consultations with owners of Eurobonds regarding restructuring

Naftogaz of Ukraine NJSC held a series of consultations with the owners of the company's Eurobonds, aimed at working out a mutually acceptable decision regarding the restructuring of Naftogaz's debt obligations under Eurobonds due in 2022 and 2026. The company's press service reported this.

As part of consultations with investors, proposals regarding possible formats and modalities of restructuring Eurobonds and other essential conditions of the relevant transactions are discussed.

In the negotiations with the owners of Eurobonds, Naftogaz is supported by a financial advisor - Lazard Frères SAS, and legal advisor Freshfields Bruckhaus Deringer.