IUD To Issue USD 150-200 mln Worth Of Eurobonds In Late 2006.
21 September 2008
Volodymyr Kravets, Vice President of Industrial Group, IUD?s managing company, announced this yesterday. Last week, IUD completed a placement of its first Eurobond issue worth USD 150 mln, structured as Loan Participation Notes (LPN). The issued Eurobonds have a maturity of five years, a coupon rate of 9.25% and can be subject to an early redemption in two years. Russian investors bought 55% of the issue.
