Page 57 - UKRRptJun21

53% of the total number of applications for placement. Investors from the US, Great Britain and continental Europe have purchased most of the new issue of Eurobonds with shares of 43%, 26% and 26%, respectively. The share of investors from Asia and the MENA region is 5%.
DTEK Energy on May 17 completed a 14-month restructuring of its loan portfolio, converting current Eurobonds and major bank debt, totaling more than $2bn, into new Eurobonds; the company said last night after London markets closed. In an announcement posted on the London Stock Exchange, DTEK said parts of the current debt on DTEK Energy Eurobonds were converted into $425mn worth of DTEK Oil and Gas Eurobonds, at a rate of 6.75% per annum and maturity until Dec. 31, 2026. Other debt was converted into new DTEK Energo Eurobonds at a rate of 7%, maturing Dec. 31, 2027.
57 UKRAINE Country Report XXXX 2018 www.intellinews.com