The company "Ukrenergo" has announced a temporary suspension of payments on debt obligations related to "green" sustainable development bonds. This decision was prompted by a technical default situation caused by the absence of an active Supervisory Board, which arose from attempts by certain participants to change the company's leadership without considering the possible consequences.

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Укрэнерго. Фото: главком

This action has forced "Ukrenergo" to halt debt servicing until the restructuring process, which is expected to take place in the coming months, is completed. This default could have negative repercussions for the company's reputation and complicate the attraction of new financing for Ukrenergo and the Ukrainian energy sector as a whole.

Now, borrowings may become more expensive and will come with stricter requirements from creditors. This is also linked to the demands of international partners, such as the International Monetary Fund, regarding debt restructuring.

Укрэнерго, скриншот с видео

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The Ukrainian government, along with the Ministry of Energy and "Ukrenergo," is working to reach an agreement with bondholders and finalize the restructuring process. In the meantime, the company continues to ensure the stability of the energy system, preparing it for the winter period and maintaining operations under martial law.