Kyiv plans to return to the municipal Eurobond market next year
Monday, October 22, 2018

Kyiv plans to return to the municipal Eurobond market next year

Kyiv plans to return to the municipal Eurobond market next year, Mayor Vitali Klitschko told the American Chamber of Commerce on Friday. During his four-year tenure as Mayor, Klitschko says he cut the city’s $1 billion debt in half and doubled the city’s budget, to $1 billion. Two bond ratings agencies, S & P and Fitch, give the capital B-Stable ratings. In 2018, he said he increased the city budget by 30%, partly by ‘pulling money out of the shadows.’ To illustrate his anti-corruption, transparency fight, he cited a coffee cart outside Arsenalna metro station which, due to an open bidding process, now pays $32,150 in annual rent.

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Four million Ukrainians – more than 10% of the adult population -- have signed up with BlaBlaCar

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With initials barely dry on Friday’s IMF staff level agreement, Ukraine meets investors today and tomorrow in London and New York to place up $2 billion in 10-year bonds.

With initials barely dry on Friday’s IMF staff level agreement, Ukraine meets investors today and tomorrow in London and New York to place up $2 billion in 10-year bonds.

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