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13.05.2015
Ukrzaliznytsia announces technical default

State-owned Ukrzaliznytsia has notified creditors of the occurrence of a technical default on its debt obligations and started negotiations to restructure its internal and external debts worth UAH 32 billion.
Ukrzaliznytsia acting CEO Maksym Blank said this at a briefing in Kyiv.
"Today we have notified our creditors of technical default on a number of Ukrzaliznytsia's obligations. Today we've started negotiations, particularly on the domestic debt, afterwards we will hold talks on the foreign debt," he said.
Source: Ukrinform