Fitch Ratings has assigned B rating on Ukraine's USD 1.25bn eurobonds. The rating is in line with Ukraine's Long-term foreign currency issuer default rating (IDR), the outlook is stable. The agency noted Ukraine's coming out from a severe crisis, resumption of economic growth, lower financial volatility, greater political stability following the 2010 presidential elections and a USD 15.6bn agreement with the IMF. As reported, Ukraine has placed USD 1.25bn eurobonds. The bond yield was 6.25% per annum with a five-year maturity. The bid book was underwritten three times. The transaction involved more than 200 investors. |
In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more
The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more
The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more