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Ukrsotsbank To Make USD 100 mln Bond Placement

Ukrsotsbank To Make USD 100 mln Bond Placement

10 January 2008

Ukrsotsbank (USCB: BUY) has announced plans to make a USD 100 mln 5-year local bond placement with a 10% annual yield. Ukrsotsbank plans to attract roughly $1.5 bln through the placement of Eurobonds, syndicated credit and a private placement in 2007. USCB is Ukraine’s sixth largest bank.

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