Ukreximbank, the nation’s third largest bank, is repurchasing its Eurobonds maturing in 2022 and 2025 for a total of $300 million. The state-owned bank reports that the redemption price of bonds maturing in 2025 was 104.5% of face value and of bonds maturing in 2022 was10 3.75%. Goldman Sachs International was the dealer-manager of the debt reduction exercise. Eugene Metzger, the new board chairman of Ukreximbank said: “The market situation contributed to the successful completion of the book of applications for redemption.”
Ukreximbank, the nation’s third largest bank, is repurchasing its Eurobonds maturing in 2022 and 2025 for a total of $300 million.
