Page 73 - UKRRptOct23

This isn't the first time DTEK has engaged in a similar tender. In March 2023, the company initially offered up to $30mn but later increased it to $80mn. Ultimately, they purchased eurobonds with a total face value of $181mn at approximately 41.33% of their face value, resulting in a positive financial outcome of UAH 3.366bn for the company.
Currently, the total principal amount of outstanding bonds remains at $1.497bn, with DTEK Energy holding bonds valued at $271.230mn. In December of the previous year, the company repurchased eurobonds worth $19.8mn, despite a maximum volume of $50mn, with a maximum repurchase price set at 27% of the par value.
73 UKRAINE Country Report October 2023 www.intellinews.com