Concorde Capital’s Alexander Paraschiy wrote:

Wednesday, July 7, 2021

“The placement is a well-expected event that is essential for Ukrainian Railways to resolve its liquidity issues and secure financing for its on-going CapEx program. We see a high chance for the placement’s success, with the placement rate to be between 6.8% and 7.2%.”

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Noting that the Infrastructure Ministry proposed on Monday to raise some cargo rates, Konstantin Fastovets of Adamant Capital wrote:

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Yesterday Ukrzaliznytsia started investor calls for the placement of new 5-year Eurobonds to raise $300 million, Interfax-Ukraine has reported.

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