Ukrainian Railways plans to place USD 300 mln 5Y Eurobond

Ukrainian Railways
(RAILUA) is going to start today investor calls related to the placement of new 5Y Eurobonds
for USD 300 mln, Interfax-Ukraine reported on July 6 citing its own sources.

Alexander
Paraschiy: The
placement is a well-expected event that is essential for Ukrainian Railways to
resolve its liquidity issues and secure financing for its on-going CapEx
program. We see a high chance for the placement’s success, with the placement
rate to be between 6.8% and 7.2%.