Ukrsibbank Aims for 12%, UAH 500 mln Local Bond Issue

17 April 2008

Ukrsibbank (M: B2; F: BB-) expects a 12% yield for its UAH 500 mln (USD 99 mln) 3-year local bond issue, Chairman Alexander Adarich told journalists yesterday. Ukrsibbank is the third largest Ukrainian bank in terms of assets, 51% stake in which is owned by BNP Paribas.

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