business in brief

Ukreximbank Sells US $ 500 Mn in Eurobonds

22.04.2010 | kyivweekly.com.ua

The government-owned export-import bank, UkrExImBank, has reported selling eurobonds for US $ 500 mn to foreign investors. The Citigroup that is one of organizers of the roadshow said the bonds will be in circulation until 27 April 2015. The yield on the eurobonds is 8.375% of annual interest. As of the beginning of the year the bank´s assets had amounted to UAH 57,196.9 mn, loans and clients´ liabilities were reported at UAH 48,308.7 mn, and owner´s equity UAH 10,869.4 mn. UkrExImBank generated a profit of UAH 21.124 mn in 2009.

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