Ukraine pays USD 111 mln coupon on 2032 Eurobond
27 March 2019
Ukraine paid on time its USD 110.6 mln coupon on
Eurobonds maturing in 2032, the Interfax-Ukraine news agency reported on March
26, citing the Finance Ministry. The bond was issued in September 2017 for USD
3.0 bln having a semi-annual coupon payable since March 25, 2018, with a 7.375%
coupon rate.
Alexander Paraschiy: This is the
government’s last sizable payment before the presidential elections. The next
large payments are scheduled for May and include the repayment of USD 1.0 bln
in U.S.-guaranteed Eurobonds on May 16 and a total of USD 0.41 bln in payments
to the IMF in early May. As with the previous payments, we see no problem for
Ukraine to fulfill these obligations, regardless of the results of the
presidential elections.
