Ukraine has raised $2 billion in Eurobonds — $750 million for five years, and $1.25 billion for 10 years

Ukraine has raised $2 billion in Eurobonds — $750 million for five years, and $1.25 billion for 10 years. The offering was oversubscribed, with bids totaling $4.9 billion. This demand pushed rates down about one quarter point from initial listing references. The final annual interest rate on 5-year bonds was 9%. On the 10-year bonds it was 9.75%. Of the new placement, $725 million will be used to redeem a bond that matures in February.