Monday 17 June 2013

Ukrzaliznytsia plans to issue eurobonds again in H1, 2014

"The State Railway Administration of Ukraine (Ukrzaliznytsia) plans in the first half of 2014 to issue eurobonds again, Infrastructure Minister of Ukraine Volodymyr Kozak has said.

"We're the only state-run enterprise in Ukraine that has floated eurobonds worth $500 million without state support, and in 2-3 days Standard & Poor's assigned a sovereign rating to the company. Next year we'll again issue [eurobonds]," he said at the first international annual business conference, ABC: Ukraine & Partners in Kyiv on June 14, 2013.

He said that the issue of eurobonds next year would be easier, as now Ukrzaliznytsia has experience, and the trust of international companies and partners."

'via Blog this'

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