NovaPay will issue 3-year bonds worth UAH 100M at 20% annually.
On April 14, the Ukrainian postal and courier company’s payment system NovaPay will begin public placement of the debut issue of three-year bonds for UAH 100M ($2.73M).
The bonds are issued with one coupon, paid simultaneously with redemption – from April 14 to 20, 2026, with a nominal yield of 20% per annum. NovaPay will independently place the bonds on the PFTS – Ukraine Stock Exchange.
The company reported that the planned sale price is at par, but it can be revised upward, depending on demand. The issuer does not offer a binding offer but allows early redemption upon agreement of the parties at a price agreed upon between them.