Ukraine is to place an additional $500 million 2029 eurobonds at 6.3%, a banking sector source told Interfax.
Initial yield guidance for the additional tranche maturing in 2029 was 6.625%. During book building, Ukraine was able to reduce the yield, with final guidance set in the range of 6.3%-6.4%.
Demand for the country’s eurobonds exceeded $1.8 billion at its peak, and stood at about $1.7 billion in final bidding.
BNP Paribas and Goldman Sachs are the organizers of the deal.
Ukraine placed $1.25 billion in eurobonds maturing in 2029 in April of this year at a coupon rate of 6.876%.
