Ukrainian Oil and Gas Firm Meets With Investors as Payments Loom
Ukraine's largest private oil and gas company is meeting with bond investors in London next week as it faces more than $70 million in debt payments this year and the threat of supply disruptions from Russian attacks on its facilities near the front line.
The management of DTEK Oil & Gas, which is owned by Rinat Akhmetov, Ukraine's richest man, will meet bond investors in person to provide an update on the company's performance on June 23 and June 24. The firm operates oil and gas fields in the Poltava, Sumy and Kharkiv regions, which are close to areas of active combat. Its Poltava gas plant was attacked directly in March.
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