January 11, 2020 | Cbonds
|Ukrainian Railways made a coupon payment on Eurobonds issued in 2019 for a principal amount of USD 594.9 million for a 5 years period (subject to the terms of an original issue of USD 500 million and tap issuance of USD 94.9 million).|
The payment of external liabilities was made without delay and in full, proving the status of the company as a reliable borrower to international partners. At the same time, in 2019 Ukrainian Railways paid off part of its principal debt in the amount of $ 300 million for Eurobonds, the debut issue of which took place in 2013, and paid regular coupons for them. The remaining $ 200 million of this issue will remain outstanding for the next 2 years.
Last year Ukrainian Railways attracted financing from the international capital market for the first time after a six-year break through the issue of Eurobonds worth $ 594.9 million, with a maturity in 2024 and a coupon rate of 8.25% per annum. Global Capital recognized the issue as the best 2019 issue in the CEEMEA Corporate bond of the year category.
|Status||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
Company: Ukrainian Railway
|Full company name||Ukrainian Railways|
|Country of risk||Ukraine|
|Country of registration||Ukraine|