Ukrainian energy giant defaults on debt

Jul 27th 2022 6:27am EDT

Naftogaz has failed to make payments on its Eurobonds Ukraine’s state-run energy company Naftogaz defaulted on its foreign debt, the firm announced on Tuesday. Naftogaz was unable to make payments on Eurobonds before a grace period expired, the company said a statement on Telegram, adding that it “has not received consent from the cabinet of […]

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