Ukravtodor’s Eurobonds, offered under sovereign guarantees, were three times oversubscribed last week

Tuesday, June 22, 2021

, Infrastructure Minister Oleksandr Kubrakov writes on Facebook. Ukravtodor received applications for nearly $2.4 billion and placed $700 million. With the yield on the 7-year bonds priced at 6.25%, the “Big Construction” bonds “received a historically low rate compared to previous Ukrainian sovereign placements in US dollars,” he wrote. Dragon Capital, a joint lead manager with JP Morgan, said bids came from about 140 investors – UK – 41%; US – 28%; and Europe – 28%.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post

Ukrainian housing prices increased by 10% during the first half of this year,

Next post

The Biden administration is preparing to impose additional sanctions on Russia over the poisoning of jailed opposition leader Alexey Navalny

Previous Main Topics