Odessa Railroads plan to offer bonds of series L through R for a total of UAH 810 mln. The yield is 13.5% on series L through O, while the size of coupon payments and redemption of principal is linked to the official rate of US dollar. Bonds of series P - R yield 23.5%. The tenor of all issues is 3 years. Series J - L offer a put option after 1.5 years. The bonds are guaranteed by the South-West, South, Dnieper and Lvov Railroads.