Naftogaz Eurobond swap approved by 93% of noteholders
20 October 2009
Naftogaz of Ukraine said yesterday that it held a meeting of its USD 500 mln Eurobond notes that matured in September in London. The company’s proposal to swap the notes for new ones maturing in 2014 with a 9.5% coupon was approved by 93% of current noteholders. The settlement date for the new notes is expected to be October 29.
