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2 state-owned companies in Ukraine ask international creditors to freeze debt payments for at least 2 years

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Prime Minister Denys Shmyhal said Ukraine's Cabinet of Ministers offered Eurobond holders of state road agency Ukravtodor and electricity grid operator Ukrenergo to defer interest payments until the end of 2024. The total bond value of the two companies is $1.5 billion. “Currently, the state is collecting all available resources for priority needs: financing the army, preparing for the heating season, paying pensions, and rebuilding critical infrastructure,” Shmyhal said.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Since the beginning of Russia’s full-scale invasion of Ukraine in 2022, war has become a daily reality for thousands of Ukrainian children. Some Ukrainian military units, such as the Azov Brigade, offer boot camps for teenagers to teach them the basics of self-defense, first aid, dry firing, and other survival skills — helping them prepare for both the realities of today and the uncertainties of the future.

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