OREANDA-NEWS. July 18, 2012. Ministry of Finance of Ukraine emitted Eurobonds of USD 2 billion with income of 9.25% per annum due on July 24, 2017. JP Morgan, Morgan Stanley, Troika Dialog and VTB Capital have acted as lead managers.

This Eurobond emission has been the largest in Ukraine ever. Ministry of Finance has leveraged capital markets current developments thus ensuring that 260 investors’ final order volume constitutes USD 5.8 billion. Order book size and quality enabled the return to be established at the rate of 9.25, which turned out to be much lower than initial targets at the rate of 9.75-9.5%. More than 75% of the loan have been placed among major US, UK, and European investors.

This emission has proved investors to be increasingly interested in Ukraine.