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Naftogaz to restructure $1.7bn debt

Source: Financial Times, 2nd September 2009

Naftogaz, the cash-strapped Ukrainian state company at the centre of the supply of Russian natural gas to Europe, announced on Wednesday that it has hired Credit Suisse as an advisor to help restructure more than $1.7bn in debts, including a $500m Eurobond issue, which matures on September 30.



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