TAS Dneprovagonmash, a large car-building company controlled by Serhiy Tigipko’s TAS Financial and Industrial Group, has fully placed an issue of interest-bearing unsecured corporate bonds of the E series with a total nominal value of $1 million.
According to the National Securities and Stock Market Commission (NSSMC), the company registered the report on the results of the issue on November 5.
According to the report on the results of the issue, the bonds were placed from September 2 to October 4 (instead of the planned completion date of October 28).
It is noted that the bonds were not purchased by members of the supervisory board, executive body and employees of the issuer.
The amount raised was $1004110.
As reported, the issue of five-year corporate bonds of TAS Dneprovagonmash, series E (without a public offer) was registered by the NSSMC on August 7, 2024.
TAScombank acted as the underwriter.
The raised financial resources are planned to be used for technical re-equipment and capacity development to implement the company’s project to enter the European market.
The bonds will be in circulation from August 8, 2024 to August 26, 2029 with quarterly coupon payments. The maturity date is September 29, 2029.
The interest rate in the first year of circulation is set at 6% per annum, in the remaining years it will be set by the decision of the company’s management, taking into account market conditions, but it cannot be lower than 1% and higher than 15% per annum.
In 2024, one of the largest grain market operators in Ukraine, Nibulon JV LLC, harvested 260 thsd tonnes of grain, up 100 thsd tonnes (62.5%) from a year earlier, the agricultural holding’s press service reported on Facebook.
“This season, Nibulon has positive dynamics of gross grain harvest compared to previous years. This is due to the implemented organizational changes, changes in the structure of sown areas, production technologies and a complete rethinking of the company’s agricultural sector,” explained Oleg Veselov, Director of Agricultural Production at the agricultural holding.
According to him, 14 production branches have been reorganized into four clusters, and the company has switched from traditional (plow) to lean technologies (Strip-Till, Mini-till). The structure of sown areas was completely reorganized: winter crops were moved to the southern cluster, where they have no alternative, and high-yielding corn and soybeans were moved to the central and western clusters.
“This made it possible to increase yields, use available resources more efficiently, and reduce the number of technological operations, which in turn led to a decrease in fuel consumption and a reduction in harmful emissions,” Veselov emphasized.
Nibulon noted that the agricultural machinery purchased in the 2024 season operated with 30% higher productivity and was controlled by monitoring systems. The agricultural holding was also able to integrate yield data into the Cropwise monitoring system online and respond quickly to changes, which helped to increase crop productivity.
Nibulon JV LLC was established in 1991. Prior to the Russian military invasion, the grain trader had 27 transshipment terminals and crop reception complexes, a one-time storage capacity of 2.25 million tons of agricultural products, a fleet of 83 vessels (including 23 tugs), and owned the Mykolaiv Shipyard.
“Before the war, Nibulon cultivated 82 thousand hectares of land in 12 regions of Ukraine and exported agricultural products to more than 70 countries. In 2021, the grain trader exported the highest ever 5.64 million tons of agricultural products, reaching record volumes of supplies to foreign markets in August – 0.7 million tons, in the fourth quarter – 1.88 million tons, and in the second half of the year – 3.71 million tons.
Nibulon’s losses due to Russia’s full-scale military invasion in 2022 exceeded $416 million.
Currently, the grain trader is operating at 32% of capacity, has created a special unit to clear agricultural land of mines, and was forced to move its headquarters from Mykolaiv to Kyiv.
Starting November 9, NPC Ukrenergo will temporarily suspend payments on its debt obligations under green sustainability bonds, the company said.
“This technical solution will be in effect until the planned debt restructuring is completed in the coming months. “Ukrenergo, together with the government of Ukraine, is taking all necessary measures to reach an agreement with bondholders in the near future,” the company said on Facebook on Wednesday.
Earlier, the Experts Club information and analytical center released a video about the defaults of countries and businesses – https://youtu.be/gq7twYrWuqE?si=4cgn_L9RC0Nm0xl5
In October 2024, Ukraine exported the record monthly volume of soybeans – 675 thsd tonnes, up almost three times compared to September and 20% compared to the previous high of 561.5 thsd tonnes in October 2019, APK-Inform news agency reported.
“The significant increase in soybean shipments since the beginning of the season-2024/25 is due to a number of factors, in particular, the growing demand for the Ukrainian crop from the key importers – the EU and Turkey – amid the decline in its price in July-August,” the analysts said.
At the same time, many exporters were in a hurry to ship, expecting a reduction in trade after the introduction of the minimum price mechanism for exports of certain types of goods, in particular soybeans. As experts reminded, the Ministry of Agrarian Policy of Ukraine noted that the law regulating minimum prices for agricultural exports will come into force no later than December 10, 2024.
According to them, Ukraine has already exported 918 thsd tonnes of soybeans since the beginning of 2024-2025 marketing year, which is 44% higher than in the same period of the previous season. The EU countries accounted for almost half of the total exports (47%). The growth in this direction is estimated at 54%. Ukrainian soybean supplies to Turkey increased by 10%.
In addition, shipments to Pakistan increased significantly in September-October, bringing the country’s share to 12% of total exports.
This is a relatively new export destination for Ukrainian soybeans, opened in May 2024, APK-Inform stated.
Republican presidential candidate Donald Trump, who had earlier declared himself the winner of the presidential race, said he intends to end wars in the world.
“I’m not going to start wars, I’m going to end wars,” Trump said in a speech to his supporters in Palm Beach, Florida.
He emphasized that in the four years of his first presidential term, “we have had no wars, except for the defeat of the Islamic State.”
Almost half of Ukrainians (44%) note that when buying food they more often try to buy the cheapest products, less because of their quality, according to the results of a sociological survey conducted by the sociological service of the Razumkov Center on September 20-26 and presented at a press conference at the Interfax-Ukraine agency on Wednesday.
At the same time, the same number of those who more often allow themselves to buy better quality products, even if they are more expensive (45%). The remaining 11% of respondents found it difficult to answer.
“After the beginning of full-scale aggression compared to June 2021, both the share of citizens answering that they make ends meet, there is not enough money even for necessary products (from 9% to 12% in September 2024. ), as well as the share of those who answered that they live well, but are not yet able to make some purchases (apartment, car) (from 6% to 9%), while the share of those who answered that their family in general has enough to live on, but the purchase of durable goods, such as furniture, refrigerator, TV, is already causing difficulties (from 44% to 41%)”, – noted in the results of the study.
Compared to 2005, from 38% to 54% increased the share of citizens who receive the main part of their livelihood from wages, and from 38% to 29% decreased the share of those who live mainly from pensions, scholarships, financial aid or alimony. From 7% to 2.5%, the share of those living from stocks or income from subsidiary farms, land plots, from 5% to 3% – from side jobs, from 3% to 2% – from income from entrepreneurship decreased.
The face-to-face survey was conducted in all territories controlled by the Government of Ukraine and where no hostilities are taking place, among 2016 respondents aged 18 years and older. The sample structure reproduces the demographic structure of the adult population of the territories where the survey was conducted as of the beginning of 2022 (by age, gender, type of settlement). The theoretical sampling error does not exceed 2.3%. Additional systematic sample deviations may be due to the consequences of Russian Federation aggression.
