With a new central bank governor in place, Ukraine returns today to the Eurobond market. Goldman Sachs International and J.P. Morgan led a global investment call yesterday for a 12-year bond. Three weeks ago, the two banks were joint managers on a $1.75 billion Ukraine Eurobond offering. The bond was four times oversubscribed and the yield had been pushed down by 50 basis points, to 7.3%. But the Finance Ministry scrapped the launch due to the surprise July 1 resignation of Yakiv Smoliy, then governor of the National Bank of Ukraine.
With a new central bank governor in place, Ukraine returns today to the Eurobond market.
