UZ plans to raise additional $ 200 million through Eurobonds
20.09.2021
On September 14, the Center for Service Support branch announced its intention to conclude an agreement with Ernst & Young – Auditing services to attract $ 200 million.
The funds from the bonds should be directed to capital expenditures, reports Railway Supply magazine. They should be attracted through the issue of additional Eurobonds. Ernst & Young must accompany this process. For this, the auditors will receive UAH 3.7 million.
The agreement will be concluded without a tender, because these auditors have already provided support to UZ this year to raise $ 300 million through Eurobonds.
Interpipe has completed the placement of Eurobonds for $ 300 000 000
In July, Ukrzaliznytsya raised $ 300 million at 7.875% per annum with a maturity date in 2026. Funds raised by issuing bonds of participation in a loan in the Reg S format for a period of 5 years.
Funding applications were received from 70 investors, mainly from the UK and Switzerland.
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