Supernova Airlines, part of the Nova Poshta group of companies, received a Ukrainian air operator certificate on January 6, which makes it possible to start cargo flights, the Nova Poshta press service reported. “We are the first Ukrainian carrier that was able to fulfill all the requirements and received an air operator’s certificate in the … Read more
Kernel has signed an agreement with its creditors, in particular with Natixis, ING, the EBRD and the EIB, on the release from redemption until June 30, 2023, of two tranches of guaranteed bonds of $300 million each with a rate of 6.5% and a term of repayment in 2024 and 2027, respectively. The holding reported … Read more
Fitch Ratings has downgraded DTEK Energy B.V.’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to ‘Restricted Default’ (RD) from ‘C’ following the execution of the tender offer and the company’s disclosure of the result of its consent solicitation related to changes in the notes’ documentation, the agency said on its website. “We view the … Read more
DTEK Energy will buy back eurobonds maturing in 2027 with a coupon rate of 7/7.5% for a total of $50 million at a price of up to 27% of the face value, the company said in a stock exchange message on Monday. According to it, the redemption of eurobonds at such a discount will reduce … Read more
Nova Poshta, whose two depots have been significantly damaged by Russian drones over the past three weeks, has resumed major construction projects begun before the war, Viacheslav Klimov, the co-owner of the postal operator, said. “Even before the war, we launched our large construction projects, now we have resumed them and are building very quickly,” … Read more
DTEK Finance plc (a subsidiary of DTEK Energy) will buy back eurobonds worth $32.507 million at a price of 24% of par or less based on the results of the auction. According to DTEK Finance’s report on the Irish Stock Exchange, settlement of the offer will take place on November 10, 2022. After redemption of … Read more
Metinvest Mining and Metallurgical Group is currently operating at 30%-50% of the pre-war levels and will be able to restore its previous volumes within six months to a year after the end of the war, Metinvest CEO Yuriy Ryzhenkov told the British edition of The Economist. According to him, two metallurgical plants in Mariupol were … Read more
The international rating agency Fitch Ratings has upgraded Private Joint Stock Company National Power Company Ukrenergo’s (Ukrenergo) state- guaranteed notes’ senior unsecured rating to ‘CC’ from ‘C’ following the restructuring of its $825 million bonds. “The notes’ Recovery Rating remains unchanged at ‘RR4.’ The upgrade follows the restructuring of Ukraine’s debt. Fitch has also assigned … Read more
The Turkish vessel Polarnet, which left the port of Chornomorsk (Odesa region) on August 5 with 12,000 tonnes of corn from Kernel agro-industrial holding, arrived at the Turkish port of Derince on August 8. “Kernel completed one of the most important missions – the first ship with Ukrainian grain arrived at its destination. The shipment … Read more
Nova Poshta Global, part of the Nova Poshta group of companies, resumes delivery from the online store AliExpress (China) directly to Ukraine from June 15, the press service of the company reported. “This is the most anticipated resumption of delivery that Ukrainians have been waiting for. We held dozens of meetings with our partner to … Read more