Pursuant to Resolution 409, Ukrainian borrowers are now entitled to pay
additional fee for extension of maturity of their foreign loans (the “Extension
Fee”) which may exceed applicable maximum interest rate (the “MIR”)
requirements1
, provided that the following criteria are met:
Payment of the Extension Fee will be possible only after registration of the
respective amendments to loan agreements with the NBU. For the
purposes of such registration, certain additional documents should be
provided to the NBU, such as evidences that relevant loan was actually
financed by way of issuance of debt securities on international capital
markets
Resolution 409 entered into force on 24 June 2015 and is not limited in time.
06.08.15
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