Ukrlandfarming increases bond issue to USD 500 mln

Ukrlandfarming (UKRLAN), one of Ukraine’s leading agri holdings, placed an additional USD 75 mln in five-year Eurobonds maturing in March 2018, increasing the total face value of the Eurobond to USD 500 mln, Interfax reported on July 4. The additional placement was done at a 4% discount to face value, which broadly corresponds to the market price of the bond as of July 3 (96.26% of par).