14:43 20.10.2016

Rada approves Antonov's 2009 bond debt restructuring

1 min read
Rada approves Antonov's 2009 bond debt restructuring

The Ukrainian parliament has approved restructuring of a debt of Antonov State Enterprise to the state on government-secured bonds issued in 2009.

An Interfax-Ukraine correspondent has reported that 285 lawmakers backed the bill on restructuring of the debt of Antonov State Enterprise (No. 5244) at the session on Thursday.

According to the document, Antonov will pay the debt to the state every quarter in equal parts during 10 years, starting the first quarter of 2017.

When the bill takes effect no fines are imposed on the debt, and the fine accrued by that moment are written off.

The bill takes effect next day when the bill is published.

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