KYIV, Feb 9 - DTEK Energy's proposal for debt restructuring, agreed with the creditors' committees, involves the conversion of part of the debt on existing eurobonds into DTEK Oil & Gas' eurobonds for $425 million and a rate of 6.75% per annum with maturity on December 31, 2026, the company said on the London Stock Exchange.
According to it, the rest of the debt will be converted into new eurobonds of DTEK Energy with maturity on December 31, 2027 and a rate of 5% in 2021 and 7% in subsequent years, or partly will remain within credit lines on similar terms.
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