Ukraine invites noteholders in debt restructuring deal to meet on Oct 14

Ukraine invites noteholders in debt restructuring deal to meet on Oct 14Meetings on all 11 issues of Ukrainian sovereign eurobonds and three issues of state-run enterprise Fininpro's government-backed eurobonds, which are included in the perimeter of a Ukraine debt restructuring deal, will take place in London on October 14.

"Ukraine has convened a meeting of the noteholders to be held on 14 October 2015 at the offices of White & Case LLP, 5 Old Broad Street, London EC2N 1DW, United Kingdom, at 11:10 am (London time) for the purpose of considering and, if thought fit, passing the resolution which will be proposed as an Extraordinary Resolution in accordance with the provisions of the Trust Deed," reads a notice of meeting and settlement instructions, posted on the Irish Stock Exchange on Tuesday.

"If within fifteen minutes (or such longer period not exceeding thirty minutes as the person (who may but need not be a noteholder) nominated in writing by the Trustee to take the chair at the relevant meeting or adjourned meeting (the "Chairman") may decide) after such time the quorum specified in the Trust Deed is not present, the meeting will be adjourned until such date (not less than 14 clear days nor more than 42 clear days later) and time and place as the Chairman may decide," the notice reads.

A meeting with holders of $3 billion in bonds, which were bought by the Russian National Wealth Fund late in 2013 and which are maturing on December 25, 2015, is scheduled at 11:10 local time on October 14.

Source: UNIAN
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