The Ukrainian Government increased authorized capital of Naftogaz by $5.27 billion via issuing of internal state loan bonds

The Cabinet of Ministers of the Ukraine have decided to increase the authorized capital of Naftogaz Ukraine by $5.27 billion via the issuing of internal state loan bonds with keeping of 100% of the stocks in the property of the state.

The Ministry of Finances is ordered to carry out ther provision of the order of the issuing of the internal state loan bonds at a rate of 63.272276 billion grivnas with circulation period of up to 10 years and the interest rate of not more than 14.3% and to transfer them on behalf of the state as payment for the additional stocks of Naftogaz.

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