Ukraine will place a benchmark dollar-denominated Eurobond at around 8%, writes Reuters citing an unnamed source in the financial sector. The size of the Eurobond was not disclosed. Lead arrangers are JP Morgan, Morgan Stanley, Sberbank and VTB Capital, the source said. Last time Ukraine placed USD 600mn Eurobonds among foreign investors in late September. The papers are an additional placement of the issue, accomplished in mid-July to the tune of USD 2bn.The additional placement price was 107.125%, which corresponds to 7.461% yield up 179 base points against the initial floatation this July. The bonds mature in five years (until 2017). The lead managers of the flotation are: JP Morgan, Morgan Stanley, Sberbank of Russia/Troika Dialogue and VTB Capital. |
In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more
The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more
The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more