Fitch Assigns FUIB Eurobond Issue B- Rating
14 February 2008
The Fitch Ratings service announced yesterday that it had assigned First Ukrainian International Bank’s (FUIB) USD 150 mln Eurobond issue its final long-term B- rating with a stable outlook. On February 6, First Ukrainian International Bank placed three-year USD 150 mln Eurobonds with a yield of 9.75%. HSBC and Standard Bank lead managed the issue. The Fitch ratings agency initially assigned the bank’s Eurobond issue its expected B- long term rating and Moody’s assigned it a B2 rating.
