Naftogaz charter fund to increase by UAH 12 bln via bond issuance
30 December 2009
The Cabinet of Ministers, in a Dec. 23 order published yesterday, approved increasing the charter fund of state-owned Naftogaz of Ukraine by UAH 12 bln via an additional share issue that will be exchanged for local sovereign treasuries. The injection will boost Naftogaz’ charter fund by 49.7% to UAH 36.1 bln.
