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City of Kiev started the roadshow of its eurobonds

July 23, 2003 | Bondradar

City of Kiev started the roadshow of its eurobonds. Roadshows will be held on 23rd (Wed) in London, 24th (Thursday) in Frankfurt/Munich and 25th (Friday) in Geneva / Zurich. Deal expected to be a 3-5 yr US$ deal size to be determined. RegS only. Joint Leads are Dresdner KW, JP Morgan and UBS. Kiev rated (B2/B). Deputy mayor Mykhailo Pozhyvanov said in June that the city wanted to increase its debut bond issue to at least USD200 million (from USD105m) and may postpone the launch until September. Dresdner KW, JP Morgan and UBS Warburg are to lead the 5-year deal. Launch was originally set for the end of July. The deal size has already been cut twice to USD120m-150m, then to USD105m, from original USD300m-400m indicated on 21Jan.
Kiev is the capital and the largest city of Ukraine.

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