NBU Extends the Term of Foreign Lender Loans Prepayment Prohibition (update)

September 2, 2014


By its Resolution No. 540, effective as of 2 September 2014, the National Bank of Ukraine (the “
NBU“) extended the term of the prohibition of early repayment of loans provided by non-resident lenders until 2 December 2014 (inclusive).

Furthermore, according to Resolution No. 540, the NBU shall not register amendments to loan agreements with non-resident lenders reducing the term of fulfillment of the resident borrowers' obligations under such loan agreements or providing for early fulfillment of obligations thereunder.

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