Published: May 28, 2013
State-owned company places debut international paper.
Ukrainian Railways has raised US$500mn through its first eurobond issuance.
The state-owned company, known as Ukrzaliznytsia, placed the five-year paper with a coupon of 9.5%.
The proceeds will be used for commercial activity, refinancing existing debts, capital investment and replenishing working capital.
Arrangers on the deal were Sberbank CIB, Barclays and Morgan Stanley.