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Donetsk to issue Series D bonds amounting to UAH75m

September 09, 2008 | Interfax-Ukraine

Donetsk City Council will issue Series D municipal bonds amounting to UAH75m. The issue has a maturity of 5 years. The proceeds will be used for social and economic development of the city, including housing construction, construction of communal and socio-cultural facilities and development of transport infrastructure. The bonds carrying quarterly coupons will yield 16% for all coupon periods. The issue matures on September 13, 2013.

The City Council currently has UAH45m worth of outstanding Series B bonds and UAH50m worth of outstanding Series C bonds.

Issue: Donetsk City, 1-D

StatusCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
redeemedUkraine09/13/201375,000,000 UAH-/-/-

Company: Donetsk City

Full company nameDonetsk City
Country of riskUkraine

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