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As a result of certain technical issues delaying the listing of Shortline plc’s U.S.$500,000,000 9.875 per cent. notes due 2021 (the “2021 Notes”) on the Irish Stock Exchange, Public Joint Stock Company “Ukrainian Railway” (the “Company”) was previously unable to make an interest payment that fell due on 15 March 2016.
Public Joint Stock Company “Ukrainian Railway” (the “Company”) is pleased to announce that it has completed the reprofiling of the U.S.$500,000,000 9.5 per cent. 2018 notes issued by Shortline plc (the “2018 Notes”).