The companies of Serhiy Tigipko’s TAS Group plan to issue about $70 million worth of bonds next year, about 95% in hryvnia,

The companies of Serhiy Tigipko’s TAS Group plan to issue about $70 million worth of bonds next year, about 95% in hryvnia, Roman Gorokhovskikh, the Group’s international projects director, told the Ukrainian CFO Forum last week in Kyiv. Bonds will take the same amount of time to prepare as bank loans – 3-4 months — but will offer cheaper money, he said. Rather than offer bonds for the group, TAS will offer bonds for individual companies, offering yields between 3% and 10%, depending on individual company ratings.