Business news from Ukraine

Business news from Ukraine

“Agromat” has begun placing new bond issue worth 100 mln UAH

8 August , 2026  

Agromat LLC, an industrial and technical company that began a public offering of three-year Series “J” bonds worth 100 million hryvnia in late July, launched a similar offering of Series “K” bonds worth another 100 million hryvnia on August 5.

According to the company’s filing with the National Securities and Stock Market Commission (NSSMC), the interest rate on the bonds—which have three-month coupons—is 16% per annum for the first six months, and for each subsequent six-month period through July 2029, it is 3-month UIRD (Ukrainian Index of Interest Rates on Deposits for Individuals) +4.9 percentage points.

Bonds with a face value of 1,000 UAH will be placed at par through the PFTS exchange, with the state-owned Ukrgasbank acting as the investment firm. The public offering of the bonds is limited to qualified investors and will run from August 5 to October 4, 2026.
The nominal interest rate for the previous “J” series issue, registered by the National Securities and Stock Market Commission on July 17 of this year, is set at 16% per annum for the first six months of circulation. The public offering period runs from July 29 to September 21, 2026.

It is noted that Agromat corporate bonds of Series “H,” “I,” and “J” are currently in circulation, each with a total face value of 100 million UAH.

Agromat, established in 1993, manufactures and sells ceramic tiles and bathroom fixtures. It operates through 33 retail locations in 21 cities across Ukraine and online at agromat.ua. According to the YouControl analytical system, the company’s co-owners, each holding a 28.65% stake, are CEO Serhiy Voitenko, Oksana Reva, and Anatoliy Taday; an additional 10.05% is owned by Olga Bashota, and 4% by Nadiya Rushelyuk.

According to information on its website, based on the results for 2025, PTK LLC “Agromat” increased its net revenue by 5.2% compared to the previous year—to 3.59 billion UAH—and its net profit by 91.4%, to 148 million UAH. In the first half of 2026, net revenue grew by 20.2% compared to the same period last year—to 1.9 billion UAH, while the net loss amounted to 177.5 million UAH, compared to a net profit of 87.1 million UAH a year ago.

As of June 30, 2026, the Agromat Group’s creditors include Raiffeisen Bank—UAH 199 million at 14.9%, Pivdenny Bank—UAH 30 million at 16.5%, OTP Bank—UAH 90 million at 16.5%, Crédit Agricole—78 million UAH at 14.25%, Kredobank—75.1 million UAH at 15.5%, and ProCredit for a total of 185.8 million UAH at rates ranging from 3.76% to 15.5%.

, , , ,