Confident in the strength of foreign investor interest in Ukraine’s Eurobonds, Naftogaz plans to place a larger Eurobond issue at lower yields than made public last week

Confident in the strength of foreign investor interest in Ukraine’s Eurobonds, Naftogaz plans to place a larger Eurobond issue at lower yields than made public last week, reports Interfax-Ukraine. The yield will be 8.95%, lower than the 9-9.25% range revealed earlier. The expected volume will be $500 million, almost 50% larger than the $335 million revealed last week.