Ukrainian Railways Hires Rothschild to Advise on Its Debt Pile

Ukraine’s state-owned railway company hired Rothschild & Co to help manage its debt pile, which includes more than $700 million of bonds coming due next year, a spokesperson for the company said.

Ukrzaliznytsia, known as Ukrainian Railways, also held a call with bond investors on June 19 to discuss its financial situation, according to the spokesperson.

A spokesperson for Rothschild declined to comment.

The firm, which is vital for Ukraine’s war effort as it transports troops, weapons and critical supplies throughout the country, is in a tough spot.

The company’s liquidity is rapidly depleting as a result of declining ...