S&P assigns B+ rating to Ukraine USD 1.5bn eurobonds.

By bne IntelliNews February 22, 2011
International rating agency Standard&Poor's has assigned B+ rating to Ukraine USD 1.5bn eurobonds. The assigned rating corresponds to the credit rating of Ukraine in foreign currency. Last week, Ukraine placed ten-year sovereign eurobonds to the tune of USD 1.5bn with a yield of 7.95% per annum. Demand for securities exceeded supply and amounted to over USD 3.5bn, over 200 investors participated in the transaction. The major part of the issue was purchased by U.S. investors.

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