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Stirol to issue eurobonds worth USD100 mln in 2005

January 21, 2005 | Cbonds

Stirol (Gorlovka, Ukraine), the leader of Ukrainian chemical industry, plans to launch USD100 mln worth of eurobonds in 2005. The news was announced by Alexander Salov, the company's CFO. He said ING would act as the issue lead-manager. Salov gave no further details.

Stirol will invest the issue proceeds in production development. Stirol is one of top three producers of carbamide in Ukraine. 92% of its stock belongs to StirolKhimInvest (Gorlovka, Ukraine).

Based on Ukrainski Novini data


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