Naftogaz hires Credit Suisse to restructure debt
3 September 2009
Naftogaz of Ukraine announced yesterday that it has hired Credit Suisse to restructure its USD 1.1 bln in foreign debt, and as dealer-manager for the planned restructuring of its USD 500 mln Eurobond that matures at the end of the month. In order to avoid a technical default on its Eurobond, yesterday the company reported its 2008 IFRS accounts.
