Ukraine sovereign finally takes its $2bn

16 Sep 2010

Ukraine on Thursday priced its long awaited $2bn dual tranche note — the sovereign’s first deal in international capital markets since November 2007 — potentially triggering a rash of other issues from the country.

Although Privatbank managed to beat the sovereign to the markets by hours, other potential issuers include: Ferrexpo, an iron ore producer that had postponed its debut issue in July; Avangard, a Ukrainian agro-industrial holding; Kernel, the country’s largest agricultural company; as well as various Ukrainian banks which have ...

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