Concorde Capital’s Alexander Paraschiy wrote: “The placement rate implies a spread to the sovereign curve of 247 bps, which looks too high for a quasi-sovereign issuer. Two years ago, Ukrainian Railways issued a new bond with a 155 spread to the ... #UkraineRailwaysbonds #UkrzaliznytsiaBonds #UZbonds2021
Yesterday Ukrzaliznytsia started investor calls for the placement of new 5-year Eurobonds to raise $300 million, Interfax-Ukraine has reported. Last month, S&P changed the outlook for Ukrzaliznytsia’s credit rating from negative to positive in connection with a debt rescheduling deal with Sberbank. With the economic downturn caused by the... #UkrzaliznytsiaBonds #UZeurobonds2021 #UZissuesbonds #UZneedsMoney
