Friday 12 July 2013

Kyiv pays $14m of coupon on 2011 eurobonds

"Kyiv City Administration on Wednesday paid $14.063 million on 2011 eurobonds, Deputy Head of Kyiv City Administration Ruslan Kramarenko has said.

"On July 10, 2013, Kyiv settled a regular six-month payment for the use of a loan received via the public placement of eurobonds of Kyiv city on the international capital market in 2011," Kramarenko told Interfax-Ukraine.

He said that the city paid $14.0625 million. This is a six-month coupon for five-year eurobonds worth $300 million placed in 2011 at 9.375% per annum."

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