Video PlayerClose
KIEV, Oct. 22 (Xinhua) -- Ukraine's state-run energy company Naftogaz plans to issue between 500 million and 1 billion U.S. dollars worth of euro bonds by the end of this year, the company's chairman Andriy Kobolev announced on Monday.
Speaking during a media briefing, Kobolev told reporters that Naftogaz in the coming weeks plans to hold an investor roadshow to promote the euro bond issuance.
The money raised on international markets will be used for repaying Naftogaz debts and making the company financially balanced, Kobolev said.
In 2017, Naftogaz, Ukraine's largest state company, posted a record annual profit of about 1.4 billion dollars.
