Ukraine’s state-owned energy firm NJSC Naftogaz is asking holders for roughly $1.4bln of its bonds to delay debt payments to preserve liquidity for gas purchases. In order to secure stable deliveries for households and companies, Naftogaz will need more than 230bln Ukrainian hryvnias ($7.8bln) to meet its country’s natural gas needs this year. The company is asking investors to agree to amending its USD and euro notes due 2022, 2024 and 2026 to delay principal and interest payments for the next two years.