You're reading: Source: Ukrzaliznytsia places five-year eurobonds for $300 million at 7.875%

Source: Ukrzaliznytsia places five-year eurobonds for $300 million at 7.875%

By Interfax-Ukraine.
A train departs from Kyiv's central railway station on June 1, 2020.
Photo by Volodymyr Petrov

JSC Ukrzaliznytsia has placed five-year eurobonds for $ 300 million at 7.875% per annum, a source in banking circles has told Interfax-Ukraine.

The issuer is Rail Capital Markets plc.

Ukrzaliznytsia will use the raised funds to service the company’s debt obligations and repay the loan to JSC Sberbank.

Part of the funds is to be used to replenish the working capital of Ukrzaliznytsia.

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