Ukraine's state railway will restructure a $550m loan, acquired through Barclays in July 2007, to $440m.
Ukrzaliznytsya state railway director Mykhailo Kostyuk said the railway hopes a new credit agreement will be signed by 20 May.
An initial payment of $110m was made by the railway in August 2009, according to Reuters.
The syndicated loan of $550m matured in November 2009.
