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Ukrsotsbank Places Local Bonds for USD 100 mln

Ukrsotsbank Places Local Bonds for USD 100 mln

20 February 2008

Ukrsotsbank (S: B; M: B2; F: B-; all with positive outlook) placed five-year UAH 500 mln (USD 100 mln) local bonds series D. The bonds with a 12% coupon, paying quarterly, were sold at premium to par with a weighted average yield of 10.03%. Moody’s rated the issue Ba1 and Aa1.ua, according to its national scale for Ukraine.

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