"Naftogaz of Ukraine" considers that round its progress "hysteria"

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The national joint stock company "Naftogaz of Ukraine" considers that "hysteria forcing" round it is attempt to use the company in political opposition.

About it it is told in NAK statement, widespread its press - service.

"Naftogaz of Ukraine" assumes that certain political circles are angry progress of the company in the course of carrying out restructuring of debts of NAK Naftogaz Ukrainy. The consent of the majority of creditors to conditions of NAK Naftogaz Ukrainy testifies to trust of foreign investors to the company and its future development", - is told in "Naftogaz" statement.

NAK also emphasizes that statements of local politicians of rather "catastrophic" financial condition of the company do direct harm of its activity as mislead foreign investors and can be reflected in process of restructuring of debts of NAK Naftogaz Ukrainy extremely negatively.

In this regard the company calls politicians of all levels for constructive work and assistance to national oil company development.

We will remind, the NAK Naftogaz Ukrainy suggested creditors to restructure a debt on bonds on 500 million dollars, let out in 2004 for 5 years. With profitability of 8,125% with repayment on September 30, 2009 it was offered to change securities on new guaranteed by the state with a maturity date in 2014 and profitability of 9,5%. The government of Ukraine allowed the Ministry of Finance to give out the state guarantee according to company obligations in case of arrangements with creditors. Restructuring of a debt of national joint stock company "Naftogaz of Ukraine" was supported by 92% of creditors.


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