FinanceInvestments

Ukravtodor, the state highway agency, plans to issue its first dollar Eurobonds under a sovereign guarantee

Tuesday, June 15, 2021

, 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 tenure of 6.25 years. Last month, the Cabinet of Ministers approved state guarantees for Ukravtodor to issue UAH 10 billion in bonds, the equivalent of $370 million.

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To upgrade gas links with Poland, work is underway on modernizing the final stretch of an 80 km pipeline from the Polish border to the Komarno compressor station in Lviv region

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