Ukrainian Railways Eyes Clifford Chance For Restructuring Advice

Ukrainian Railways is in the process of engaging law firm Clifford Chance to help advise on its debt restructuring, a company spokesperson told Bloomberg News.

• Clifford Chance declined to comment
• Ukraine’s state-owned rail company announced the tender process to select an international law firm to provide advice for its debt restructuring on Aug. 8
  • The company has also hired Rothschild & Co to help manage its debt pile, which includes more than $700 million of bonds due next year
• NOTE: Ukrainian Railways aims to raise freight tariffs as part of a plan to control its debt, Reuters reports, citing ...