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GISMETEO.RU
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Kyiv City Council completes foreign debt restructuring, official says
Journal Staff Report

KYIV, Sept 7 - Kyiv City Council on September 4 completed the restructuring of its outstanding foreign debt by exchanging eurobonds with a yield of 8% and maturing in 2015 (2015 eurobonds) with a total nominal value of $101.149 million for new loan participation notes (LPN) falling due on December 15, 2022, with a yield of 7.5%, the city administration's press service said, citing First Deputy Head of Kyiv State City Administration Mykola Povoroznyk.

"To date, Kyiv City Council has no outstanding debt on external borrowing, he said.

According to him, the notes maturing in 2022 are included in the official register of the Irish Stock Exchange.




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