Ukreximbank to place USD 500 mln bond, Interfax reports
16 January 2013
Ukreximbank will complete a placement of its five-year Eurobond for about USD 500 mln, Interfax reported on Jan. 15, citing its sources. Given that the bank’s March 2015 bond trades at a YTM of 8.0% (a 1.9 pp spread to the sovereign curve), the yield of a new placement should be close to 8.6-8.7%.
