November 08, 2019 | Cbonds
|The Ukrainian Naftogaz (-/-B) placed 7Y Eurobonds at USD 500 mln (with maturity on November 8, 2026).|
The coupon rate will be 7.625% p.a., with payments made twice a year. The spread to UST is 592 b.p. The initial benchmark is set at 7.875% p.a.
The underwriting agent is Citi. Listing will be held on the Irish Stock Exchange.
Most recently, the issuer entered the international market in July, placing tranches in euro and US dollars.
|Status||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
|Full company name||PJSC "Naftogaz of Ukraine"|
|Country of risk||Ukraine|
|Country of registration||Ukraine|
|Industry||Oil and gas|