Naftogaz Pushes €1.2 Billion in Eurobond Debt Into the 2030s

Naftogaz has restructured two Eurobond series worth approximately €1.2 billion, extending their maturities after securing approval from more than 90% of bondholders. It is the second restructuring of the debt since 2023 and comes as the company faces mounting repair costs and prepares for the 2026-27 heating season.