Ukrenergo and Ukravtodor will also ask creditors to postpone payments on Eurobonds. Ukraine expects a similar proposal from the state-owned electricity transmission system operator Ukrenergo and the State Highway Agency of Ukraine regarding their Eurobonds, issued under state guarant... #eurobonds #paymentsonEurobonds #UkravtodorBonds #UkrEnergoBonds
Ukravtodor’s Eurobonds, offered under sovereign guarantees, were three times oversubscribed last week , Infrastructure Minister Oleksandr Kubrakov writes on Facebook. Ukravtodor received applications for nearly $2.4 billion and placed $700 million. With the yield on the 7-year bonds priced at 6.25%, t... #HighBondDemand #UkraineBondMarket #UkravtodorBonds
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% , Interfax-Ukraine reported yesterday. Earlier this year, the Cabinet of Ministers approved sovereign bond guarantees up to $740 million for the state highway agency. The organizers of the issue ̵... #BondMarketUkraine #eurobonds #UkravtodorBonds #UkrAvtodorIssuesBonds
Ukravtodor’s yield is comparable to the yield on a 10-year bond obtained by a Ukrainian blue chip company – poultry producers MHP . 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%. #UkravtodorBonds #UkravtodorBondYield
Ukravtodor, the state highway agency, plans to issue its first dollar Eurobonds under a sovereign guarantee , reports Interfax-Ukraine. Local and international banks including JP Morgan, Dragon Capital and Ukreximbank are arranging the placement. Calls to investors start today for the bonds, which have tenu... #UkravtodorBonds #UkrAvtodorIssuesBonds
To help pay for Ukraine’s ‘Big Construction’ program, the Cabinet of Minister has extended state guarantees to $360 million worth of hryvnia bonds for Ukravtodor. The Cabinet also approved a list of priority highway projects to be financed with the bonds... #BigConstruction #ukravtodor #UkravtodorBonds
