September 29, 2003 |
|Ukraine is planning to borrow $200 million via a tap of its existing 2013 dollar bond bringing it to $1 billion, traders in London said on Monday. |
The bond will probably launch at par later on Monday, they added. The lead managers for the deal will stay the same. "They went out with guidance at around par," said a trader at a bank in London. "It should be today."
The first tranche of the bond was launched in June also at par. Lead managers for that deal were UBS, JPMorgan and Dresdner Kleinwort Wasserstein.
Ukraine is rated B by Standard and Poor's, B2 by Moody's Investors Service and B+ by Fitch Ratings.