NJSC Naftogaz Ukrainy has offered to buy back all its eurobonds for up to $ 335 million maturing in 2022 by issuing new eurobonds, and in the absence of sufficient supply from their holders – also eurobonds maturing in 2024, keeping the total ransom amount of $ 335 million.
“Naftogaz made offers and a corresponding issue of new bonds to extend the maturity of its debt. Naftogaz expects to finance the offers at the expense of net proceeds from the issue of new bonds,” Kondor Finance Plc, through which the eurobonds were issued, said on the Irish Stock Exchange.
Naftogaz recalls that its 2022 eurobonds with a par value of $ 335 million with a coupon of 7.375% and 2024 eurobonds with a par value of EUR600 million with a coupon of 7.125% are in circulation.
According to the promulgated terms, 2022 eurobonds are redeemed at a price of 102.875% of the par value, 2024 eurobonds at 98.25% of the par value.
The early deadline for applications is October 27 inclusive. The early expected settlement date is October 29, the final one is November 13.
The dealer-manager of the offer is Citigroup Global Markets Limited.
Foreign trade turnover by the most important positions in January-July 2020 (import).
Ukraine in January-September 2020 increased export of poultry by 6.7% compared to the same period in 2019, to 323,730 tonnes, the State Customs Service has reported.
According to its data, in monetary terms, exports of these products fell by 4.4%, to $420.03 million.
At the same time, imports of poultry for the first nine months of this year decreased 17.2%, to 78,460 tonnes, in money terms by 13.9%, to $32.62 million.
Pork export, according to the State Customs Service, increased 28.7%, to 2,060 tonnes. These products were delivered for $4.62 million, which is 30.2% more than in January-September 2019.
In January-September 2020, pork imports to Ukraine increased 4.8%, to 19,200 tonnes, in monetary terms by 11.3%, to $38.78 million.
In addition, over the indicated period, Ukraine reduced export of eggs by 16.4%, to 88,850 tonnes, in monetary terms by 5.5%, to $79.38 million.
In January-September 2020, egg imports fell by 50%, to 2,090 tonnes, in monetary terms by 54.6%, to $7.47 million.
Odesa International Airport in January-September 2020 reduced passenger traffic to 555,800 0 passengers, which is 55% less than the volume for the same period in 2019.
As reported on the airport’s Facebook page on Monday, in particular, 435,500 0 passengers were transported on international flights, which is 58% less than in the first nine months of 2019. Some 120.2 thousand people flied domestic flights, which is 49% less.
The number of flights performed in the first nine months of 2020 was 7,048, which is 46% less than the volume for the same period in 2019 (4,572 international flights (a decline of 51%), and 2,476 domestic flights (a fall of 30%).
At the same time, in September 2020, the passenger traffic of the airport amounted to 71,900 people, which is 60% less than in September 2019 (49,200 passengers on international flights (a fall of 66%), and 22,680 passengers on domestic flights (a decline of 25%).
The number of flights performed in September of this year was 1,035, which is 38% less than in September 2019 (588 international flights (a fall of 52%), and 447 domestic flights (1% down).
As reported, the Odesa international airport in 2019 serviced 1.694 million passengers, which is 17.1% more than in 2018.
Odessa International Airport LLC is a joint venture established in November 2011 by the Odesa City Council and the private investor Odesa Airport Development, which finances the construction of a new airport terminal and infrastructure worth $45 million.
Foreign Ministers of Ukraine and Algeria, Dmytro Kuleba and Sabri Boukadoum, during a telephone conversation agreed to hold the second round of political consultations between the foreign ministries of the two countries next month.
Within the framework of the consultations, a substantive discussion of a wide range of issues of bilateral relations will take place: from support of the sovereignty and territorial integrity of Ukraine in the international arena to the development of cooperation in the spheres of industry, education and tourism, the press service of the Ukrainian Foreign Ministry said on Tuesday.
“Within the framework of political consultations, Ukraine and Algeria plan to sign an agreement on the creation of a Joint Intergovernmental Commission on Bilateral Cooperation as an effective tool for promoting trade and investment, as well as hold a business forum with the participation of leading Ukrainian and Algerian companies,” Kuleba said.
The Ukrainian minister stressed that within the framework of a renewed vision of the development of relations between Ukraine and the African continent, the Ministry of Foreign Affairs of Ukraine set itself the goal of opening up Algeria’s opportunities for Ukrainian business. According to him, the situation is unacceptable when there are no active bilateral contacts at the political level with the important countries of the region, in particular Algeria, which at the end of 2019 became the second largest trade partner of Ukraine in Africa.
Kuleba also invited Boukadoum to pay an official visit to Ukraine at a convenient time for him.
The Ministry of Foreign Affairs of Ukraine indicated that in 2019 the total volume of trade in goods and services between Ukraine and Algeria reached a record for bilateral relations – $614.4 million. At last year end, Algeria became Ukraine’s second largest trade partner in Africa after Egypt.
