You're reading: Naftogaz repays Hr 4.8 billion bonds

Naftogaz Ukrainy in the period from Dec. 21 to Dec. 26, 2017 repaid A, B and C series bonds for Hr 4.8 billion issued in 2013, the company’s press service has reported.

The company noted the whole volume of bonds, whose yield was 10% per annum, was bought by Oschadbank.

“Throughout the bond circulation period, Naftogaz timely and fully fulfilled its obligations to pay interest income,” the press service added.

As reported, Naftogaz Ukrainy unites the largest oil and gas producing enterprises of the country. The holding is a monopolist in transit and storage of natural gas in underground gas storage facilities, as well as oil transportation via pipelines throughout the country.