Naftogaz to reveal Eurobond restructuring plan in coming weeks

Oleh Dubina, head of the administration of Naftogaz of Ukraine, said yesterday that the company was preparing to announce its plans to restructure its USD 500 mln Eurobonds, which mature next month, in the coming weeks, Interfax reported. According to Dubina, Naftogaz has completed preliminary negotiations with bondholders and is currently examining proposals to satisfy all sides.