DTEK Energy B.V. is discussing the restructuring of the group’s debt with the special committee of bondholders, representing approximately 35% of the outstanding principal on eurobonds with maturity in 2024 and a rate of 10.75%, as well as with the special committee of creditor banks.
“At present, the group has not reached an agreement with the special committee of bondholders and the special committee of creditor banks regarding restructuring, discussions are ongoing,” DTEK Energy said on its website.
According to the report, the financial and legal advisers to DTEK Energy are Houlihan Lokey and Latham & Watkins LLP, the legal adviser to the special committee of eurobond holders is Dechert LLP, the financial and legal advisers to the special committee of creditor banks are Rothschild & Cie and Hogan Lovells International LLP.
