Ukraine Tenders Eurobonds, Plans To Re-Enter Capital Markets This Month
2019, 2020 Eurobonds Tendered
The Ukraine Finance Ministry yesterday announced a tender of eurobonds maturing in 2019, and 2020. The final date to accept the tender is September 15.
Ukraine is scheduled to return to international capital markets this month as well, having hired BNP Paribas, Goldman Sachs, and JPMorgan to offer a new bond issue. Ukraine has not been active since a 2015 debt restructuring, reported Reuters.
Rothschild has been hired by Ukraine to handle the maturity extension for the eurobond tender.
The International Monetary Fund has released only a portion of the $17.5 billion aid package already approved. The hold up has been slow progress on reforms and anti-corruption efforts by the government in Kyiv.