S&P Assigns B+ Rating To Kyiv's Eurobond Issue.

Standard & Poor’s assigned its B+ long-term foreign currency senior unsecured debt rating to Kyiv’s upcoming USD 250 mln Eurobond placement. The maturity of the bonds will be ten years. The final terms of placement will be determined by October 20-21. Concorde Capital: Despite the current complex political and economic situation in the country, Ukraine?s debt instruments are in great demand among foreign investors. Investor demand for Ukraine’s recent EUR 600 mln Eurobond issue topped EUR 2 bln, which allowed the government to make the placement at just 4.95%. Thus, Kyiv can expect a much lower rate than during the previous placement it made in 2004 for seven years at 8.625%.