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Ukrsozbank to place eurobonds worth no less than USD100 mln late April

February 09, 2005 | Cbonds

Ukrsozbank, one of ten biggest banks in Ukraine, intends to place eurobonds worth no less than USD100 mln in late April, as informed by Boris Timonkin, the bank's CEO. “We shall take at least USD100 mln. Generally speaking, it may be up to USD150 mln. We shall take as much as would be interesting to us in terms of price”, - Timonkin added.

Ukrsozbank spoke of eurobond plans back in 2004, but did not proceed with the issue due to unfavorable conditions on the emerging markets.


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