The Ukrzaliznytsia public railway company has paid approximately USD 24.7 million as the latest yield on the Loan Participation Notes it issued for USD 500 million. The yield payment was made promptly and fully.
According to Ukrzaliznytsia, the company completed the restructuring of its debt on these securities in March this year.
Under the terms of the restructuring agreement, the securities will mature in the period of 2019-2021 (previously 2018).
As Ukrzaliznytsia previously announced, the company’s liabilities amounted to UAH 41.979 billion as of the end of 2015, including UAH 20.811 billion in short-term liabilities. Out of these liabilities, UAH 25.807 billion were bank loans, UAH 12.129 billion were Eurobonds, UAH 3.691 billion were domestic bonds, UAH 346.487 million were other loans, and UAH 4.713 million were overdrafts.