REUTERS
Meetings with investors will be held in London, Frankfurt, Munich, Milan starting from June 10.
Ukraine's Finance Ministry has announced the issuance of seven-year euro-denominated eurobonds, without specifying other details of the transaction.
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According to participants of the debt market, BNP Paribas and Goldman Sachs will be the organizers of the issue.
Meetings with investors will be held in London, Frankfurt, Munich, and Milan starting from June 10, the report said.
The Ukrainian delegation will include Finance Minister Oksana Markarova, Government Commissioner for Public Debt Management Yuriy Butsa, and First Deputy Minister for Economic Development and Trade Maksym Nefyodov.
Earlier, CEO of National Joint-Stock Company Naftogaz of Ukraine Andriy Kobolyev announced the possibility of issuing loan participation notes. According to the CEO, Naftogaz will consider the expediency of entering the foreign loan market by September, depending on the Finance Ministry's success there.
UNIAN memo. In late October 2018, Ukraine issued two series of eurobonds totaling US$2 billion. The yield of five-year bonds worth US$750 million was 8.994% per annum, while that of ten-year bonds worth US$1.250 billion was 9.750% per annum.
In March 2019, Ukraine increased the sum of the ten-year eurobond issue by US$350 million with a maturity period until November 1, 2028.
In total, the Finance Ministry expects US$2 billion in revenue from the eurobonds placement within a year.