The Ministry of Finance of Ukraine recently bought back approximately 10% of eurobonds maturing in September 2022, as a result of which their volume in circulation decreased to $912 million, the ministry said on Friday. “The Ministry of Finance of Ukraine has carried out several operations to repurchase VRIs, as a result … as of … Read more
Deteriorating expectations of market participants regarding a possible Russian attack on Ukraine led to a new fall in Ukrainian eurobond quotes on Friday by 2.5-3.6% (depending on the maturity). According to Bloomberg quotes, the price of the shortest maturing notes this year lost 2.8%, as a result of which the rate on them jumped from … Read more
The state-owned Ukreximbank (Kyiv) on November 10 redeemed its eurobonds maturing in 2022 for $84.047 million (at par) and maturing in 2025 for $215.948 million from available funds, the bank’s press service said. “Ukreximbank for the first time among Ukrainian issuers of eurobonds carried out a proactive operation of managing obligations without the simultaneous placement … Read more
Naftogaz Ukrainy in the evening on October 20 postponed the placement of dollar-denominated eurobonds indefinitely, a source in the market has told Interfax-Ukraine. According to him, a corresponding report from the company has been sent to investors. Earlier on October 20 it was reported that the benchmark for the yield of U.S. dollar eurobonds was … Read more
Metinvest B.V. (the Netherlands), the parent company of the Metinvest mining and metallurgical group, has extended the maturity of its eurobonds, taking advantage of favorable market conditions. “Metinvest, the vertically integrated steel and mining group of companies, has successfully extended the maturity of its outstanding eurobonds, taking advantage of favorable market conditions. While being effectively … Read more
Morgan Stanley analysts believe that the plans of the Ukrainian government to finance the lion’s share of the UAH 208 billion deficit provided for in the draft state budget 2021 in the domestic market through the placement of government bonds are overstated, which, in their opinion, increases the likelihood of unscheduled placements of eurobonds and … Read more
The decision to partially buy back GDP warrants issued during the restructuring of Ukraine’s external debt in 2015 is aimed at reducing payments from the state budget, which next year should amount to $40 million, and for the entire circulation period of these securities may exceed $22 billion by 2040, Finance Minister Serhiy Marchenko has … Read more
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, through a new issue of eurobonds for $2 billion maturing in 2033, will buy back eurobonds for a par amount of $434.819 million and $371.341 million maturing in 2021 and 2022 respectively at a price of 104.5% and 105.5% of par value. According to a report on the website of the Irish Stock Exchange, … Read more
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