Ostchem solves debt issue with Gazprombank
13 January 2015
Ukrainian fertilizer holding Ostchem, which belongs to Dmytro Firtash, completed negotiations on its debt to Russian Gazprombank amounting to USD 843 mln, the Interfax-Ukrayina news agency reported, citing a Jan. 12 press release. All the issues have been solved and the shareholder structure of the holding’s enterprises hasn’t been changed as a result of the negotiations, according to the source. Recall, in mid-December, Gazprombank was threatening to confiscate natural gas belonging to Ostchem and deposited in Ukraine’s underground storage in case the debt issue is not resolved
