DTEK CEO estimates deadline for completion of debt restructuring at three months
DTEK CEO Maksym Timchenko estimates the deadline for completing the restructuring of its eurobonds and the main bank debt with committees of creditors-holders of eurobonds and banks at three months.
"I think, it will take three month legally [to complete] this process," Timchenko said at a press conference at Academy DTEK on Wednesday.
According to him, one of the conditions for debt restructuring is the introduction of an independent member of the supervisory board into the company.
Timchenko said that DTEK is ready for this and is waiting for proposals on candidates from creditors.
Advertising
Advertising
MORE ABOUT
Enemy attacks four TPPs last night, equipment badly damaged, casualties reported – DTEK
11:25, 27.04.2024
DTEK machine builders complete delivery of 30 transport trolleys for Pavlohradvuhillia
20:24, 24.04.2024
DTEK doesn't yet plan to invest in small gas generation, but ready to promptly connect it to grid – CEO
19:22, 08.04.2024
Some 80% of DTEK TPPs' capacity severely damaged or destroyed in March Russia's attacks – top manager
15:05, 30.03.2024
Power outage schedules lifted in Poltava, Donetsk, Dnipropetrovsk regions
12:31, 30.03.2024
LATEST
PM: preferential price for gas extended until end of summer, for electricity until end of spring
17:17, 26.04.2024
Work of Kyivteploenergo blocked due to new searches by law enforcers – company
13:00, 26.04.2024
Almost three-quarters of employers feel shortage of staff, plan to increase wages in 2024 – EBA survey
20:59, 25.04.2024
Metinvest's Pokrovske mine extracts 1.2 mln tonnes of coking coal in Q1, plan for 2024 is 5.35 mln tonnes
20:07, 25.04.2024
Chornomorsk port resumes shipment of agricultural products for export