Ukreximbank opens pricey tier two debut

By Lewis McLellan
07 Nov 2019

The State Export-Import Bank of Ukraine is on screens for its first ever tier two bond, angling for a steep price.

The borrower selected JP Morgan and Morgan Stanley to run the books for a Reg S dollar 10 year, callable after five years.

On Thursday morning, the leads released price guidance of low 10% area and revealed that they expected to print $100m.

An investor said: ...

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