Vodafone Ukraine buys back $10 mln eurobonds

VFU Funding Plc, the financial division of Vodafone Ukraine (VF-Ukraine), the mobile communications operator, on July 15, 2020 bought back and annulled its loan participation notes worth $10 million, VFU Funding Plc said in a report on the Irish Stock Exchange. These are notes issued under Reg S. As reported, all obligations of the company … Read more

Ukraine placing $2 bln of 2033 bonds at 7.25%

Ukraine is placing $2 billion of eurobonds maturing in 2033 at 7.25% per annum, a banking market source told Interfax. Initial yield guidance as a round 7.75%, then lowered to 7.5% and finally 7.25-7.35%. Goldman Sachs and JP Morgan are running the placement’ This is Ukraine’s second attempt at placing dollar-denominated Eurobonds in a month. … Read more

NBU retains refinancing rate at 6%

The Board of the National Bank of Ukraine (NBU) has retained the refinancing rate at 6%, the central bank said on Thursday. “The Board of the NBU has decided to keep the refinancing rate unchanged at 6% per annum. On the one hand, it will keep prices from growing under conditions of economic recovery in … Read more

Immigration quotas for foreign IT specialists launched in Ukraine

Foreign IT specialists in Ukraine from Tuesday, July 21, can apply for an immigration permit, the Ministry of Digital Transformation has reported. According to the ministry’s message on Facebook, foreign specialists who already live in Ukraine must submit their documents to a territorial division of the State Migration Service at the place of their registration. … Read more

Rada adopts law on conditions for supporting renewable generation

The Verkhovna Rada has adopted bill No. 3658 on amendments to certain laws of Ukraine concerning improving the conditions for supporting the production of electricity from alternative energy sources. The corresponding decision was made at an extraordinary session of the parliament on Tuesday, July 21. Some 288 people’s deputies voted for the adoption of the … Read more

Rada votes extends moratorium on collection on currency mortgage loans until 2022

The Verkhovna Rada of Ukraine has extended the moratorium on the collection of property on foreign currency loans. According to a correspondent of Interfax-Ukraine bill No. 3640 was supported by 349 MPs. The head of the committee on finance, tax and customs policy said that the current moratorium will end in October 2020. Earlier, the … Read more

Govt decides to ban wagon imports from Russia into Ukraine

The Cabinet of Ministers of Ukraine decided to ban the import of wagons of residents and the railway administration of the Russian Federation into Ukraine at a meeting on Wednesday, Verkhovna Rada deputy Oleksiy Honcharenko (the European Solidarity faction) said on his Telegram channel. According to the document released by him, in particular, the import … Read more

Spotify is now available in Ukraine

Spotify, a digital music service, is available in Ukraine since July 15. The service is available for free or by Premium subscription, allowing listening to music with no ad interruptions. Besides Ukraine, Spotify launched in 12 new markets across Europe, including Moldova, Kazakhstan, Belarus, Russia, Albania, Bosnia and Herzegovina, Croatia, Kosovo, Montenegro, Serbia, Slovenia, and … Read more

Zelensky signs law on debt repayment mechanisms for wholesale electricity market

President of Ukraine Volodymyr Zelensky has signed law No. 719-IX on measures to pay off debts on the wholesale electricity market, which was adopted by the Verkhovna Rada on June 17. “The law is aimed at full repayment of debts on the wholesale electricity market,” the Office of the President said in a statement on … Read more