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Ukraine to keep state guarantees on Ukrenergo bonds after deferral
KYIV, July 27 (Reuters) - Ukraine will retain state guarantees on Eurobonds of state-owned company Ukrenergo to the amount of $825 million, redemption and interest payments on which it proposes to postpone for 24 months, according to a government resolution published on Wednesday.
Following Russia's invasion, Ukraine has called on its commercial and sovereign creditors to postpone debt payments on sovereign debts and state-owned entities bonds to help the government save money for essential needs, in particular for support of the army and social payments. (Reporting by Natalia Zinets, Editing by Timothy Heritage)
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