FUIB Plans $40m Syndicated Loan, $100m Eurobond.
3 July 2008
First Ukrainian International Bank, Ukraine’s 14th-biggest by assets, plans to issue a $100m Eurobond in 2007. The bank is also arranging a $40m syndicated loan in 2H06 for one year at an expected rate of LIBOR+2.9%. Alexander Viktorov: FUIB is one of two banks controlled by Rinat Akhmetov and System Capital Management and might be getting groomed for sale. So far this year Ukrainian banks have announced plans to raise about $2.5bn abroad, almost twice as much as they raised last year.
