The Board of Directors of Myronivsky Hliboproduct (MHP), the largest poultry producer in Ukraine, has approved the payment of interim dividends in the amount of $0.7492 per share, which is equal to $80 million. According to a company report on the London Stock Exchange (LSE) on Thursday, the decision was made after having carefully considered … Read more
Kyiv-based PJSC Sky Bank (formerly known as Region-Bank), which is controlled by Kazakh investor Arif Babayev, intends to consider reorganizing the financial institution, the bank has said in the information disclosure system of the Ukrainian National Securities and Stock Market Commission. According to the report, the agenda of a general meeting of stockholders scheduled for … Read more
The privatization of Odesa Port-Side Plant is hindered by the availability of toxic debts in the enterprise, and at present, the country is looking for an advisor to solve the problem, acting Head of the State Property Fund of Ukraine (SPF) Vitaliy Trubarov has said. “We have not found the solution of the issue of … Read more
Russian businessman Oleg Deripaska, who jointly with his companies was placed to the Specially Designated Nationals And Blocked Persons List (SDN-list) by the United States, including Rusal, En+, GAZ Group, remains the ultimate beneficiary of Mykolaiv alumina plant LLC, according to the unified public register of companies. According to the public register, Deripaska is the … Read more
Fitch Ratings has upgraded NJSC Naftogaz Ukrainy’s Long-Term Foreign-and Local-Currency Issuer Default Ratings (IDR) to ‘B-‘ from ‘CCC’ with stable outlook, according to a report posted on the website of the rating agency on Tuesday. According to the document, the upgrade of Naftogaz’s IDRs follows Fitch’s reassessment of its standalone credit profile (SCP) and linkage … Read more
The Verkhovna Rada intends to extend the ban on the clear felling of fir and beech forests on the mountain slopes of the Carpathian region. A total of 259 MPs voted on Tuesday, April 3, for the first reading of bill No. 6749 on amendments to some laws of Ukraine on the introduction of a … Read more
Metinvest mining and metal group has placed eurobonds under the 2012 eurobond refinancing program and pre-export financing facility ((PXF-financing): $825 million bonds due on April 23, 2023 and $525 million bonds due on April 23, 2026. According to information in the Bloomberg system, five-year bonds were placed at 98.986% of their face value. Taking into … Read more
Metinvest Mining and Metallurgical Group after obtaining consent from the holders of 96.8% of eurobonds with circulation until 2021 to change the terms of circulation of the securities will reduce the coupon rate to 7.5% per annum, the group said on the website of the Euronext Dublin stock exchange. According to the offer, the yield … Read more
The State Property Fund of Ukraine (SPF) has approved the list of more than 600 objects of small-scale privatization to be sold in 2018, while first auctions could be announced at the end of June, First Deputy Minister of Economic Development and Trade Maksym Nefyodov has said. “The State Property Fund has approved a list … Read more
T.B.Fruit, one of the largest processors of fruits and berries in Ukraine, has built a line for production of pectin at its own juice factory Yablunevy Dar LLC (Horodok, Lviv region). According to a report on the website of T.B.Fruit, the production capacity of the pectin line will be about 1,500 tonnes per year, while … Read more