Naftogaz Ukrainy pays 6th coupon on 2014-eurobonds

Naftogaz Ukrainy has made its sixth coupon payment for eurobonds issued in autumn 2009 and set to mature at the end of September 2014 in the framework of efforts to restructure external debts, a source at the company has told Interfax-Ukraine.

"The payment was made on time and in full," the source said.

However, the source did not specify the size of the coupon payout.

The company completed the integrated restructuring of its external debt on November 5, 2009 through a formal swap of eurobonds and other obligations for new eurobonds worth $1.595 billion at face value set to mature on September 30, 2014 at 9.5%. The new issue has semiannual coupon payments, on March 30 and September 30 of each year.

Naftogaz Ukrainy unites the leading oil and gas production enterprises in Ukraine. The company holds the monopoly for transit and underground storage of natural gas, as well as gas transport via pipelines throughout Ukraine.