Business news from Ukraine

Business news from Ukraine

PlanetAvto Is Issuing 100 Mln Hryvnia in Bonds at Annual Interest Rate of 24%

The Ukrainian leasing company Avtokredit Plus LLC, operating under the PlanetAvto brand, launched an initial offering of Series C corporate bonds totaling 100 million UAH on August 17, according to company materials and the PFTS stock exchange.

The issue consists of 100,000 registered, interest-bearing, unsecured bonds with a par value of 1,000 UAH each. The initial offering is taking place through the PFTS from August 17 to August 31, 2026. The investment company “UNIVER Capital” is acting as the organizer and underwriter.
The coupon rate for the first four interest periods is set at 24% per annum in hryvnia, with interest payments made quarterly. For subsequent periods, the prospectus provides for the possibility of setting the rate within a range of 5–35% per annum, in accordance with the terms of the issue.

The maturity date of the bonds is set for August 11, 2031. The terms of the issue also provide for mandatory periodic redemptions by the issuer, giving bondholders the opportunity to exit their investment prior to final maturity in accordance with the dates specified in the prospectus.
The company plans to use the proceeds to expand its auto finance leasing programs in Ukraine. On its website, PlanetAvto notes that 100% of the proceeds from the offering are earmarked for these purposes.

This is the company’s third corporate bond issue. In 2018, “Avtokredit Plus” issued Series A bonds worth 50 million UAH, and in 2021, Series B bonds worth 100 million UAH. According to the issuer, both previous issues were redeemed on time and in full.
As of the end of 2025, Avtokredit Plus’s equity stood at 74.9 million UAH, total assets at 132.2 million UAH, and net income at 4.3 million UAH.

Following the completion of the initial public offering and the registration of the issuance report with the National Securities and Stock Market Commission, the company plans to list the bonds on the secondary market.
“Autocredit Plus” was registered in Dnipro in 2006 and specializes in financial leasing, the sale, and financing of automobiles. The company’s primary business activity is financial leasing.

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