Ukraine’s offering of dollar Eurobonds was three times oversubscribed Friday, causing the Finance Ministry to raise the final volume by 20%, to $600 million, and to push the rate down to 6.2%, one full percentage point below the yield for a similar 12-year issue last July. “The estimated yield of 6.20% is the lowest yield on public Eurobonds in US dollars in the history of Ukraine,” Finance Minister Serhiy Marchenko said in a statement posted on the ministry website. Five months ago, the government placed 13-year Eurobonds for $2 billion with a coupon of 7.253%. JP Morgan, Paribas and Goldman Sachs were the organizers of Friday’s placement. The offering started the day with a yield guidance of 6.4% for $500 million.
Ukraine’s offering of dollar Eurobonds was three times oversubscribed Friday,
