Pivdenny Bank to issue USD 150 mln Eurobond in late 2010

Pivdenny Bank Board Chairman Vadim Morokhovskiy said yesterday that it was planning to issue USD 150 mln in Eurobonds in late 2010, according to Interfax. Morokhovskiy said the issue would mature in three to five years. Pivdenny currently has USD 100 mln in Eurobonds that mature in August 2010. Pivdenny Bank was Ukraine’s #21 largest bank by assets, as of January 1, according to the National Bank of Ukraine.