Ukrzaliznytsia has placed 5-year Eurobonds worth $300 million at 7.875% per annum,

Friday, July 9, 2021

a banking source tells Interfax-Ukraine. This would be substantially higher than the 7% range analysts had expected. J.P. Morgan and Dragon Capital were advisors on the issue. Fitch Ratings assigned the issue a “B” rating and placed it on the Rating Watch list as ‘Negative.’ The funds raised are to be used to service the state railroad’s debt and to repay a loan from Sberbank.

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

Surging purchases of Ukrainian government bonds by international investors,

Next post

The average price of imported natural gas paid by Ukraine quadrupled over the last year,

Previous Main Topics