Ukravtodor’s yield is comparable to the yield on a 10-year bond obtained by a Ukrainian blue chip company – poultry producers MHP

Friday, June 18, 2021

. For comparison, an 8-year, $1.25 billion bond issued by Ukraine six weeks ago – on April 30 — came in at a significantly higher yield — 6.876%.

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As part of President Zelenskiy’s ‘Big Construction’ program, Ukravtodor plans to build by 2025, the end of his term, 1,400 km of cement concrete roads on routes leading to Black Sea ports in Odesa, Kherson and Mykolaiv.

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Ukravtodor, in its debut placement on the Eurobond market, placed $700 million of 7-year bonds at 6.25%, well below the initial return target of 6.625%

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