According to the annual review of
the international capital market issued by Global
Capital (http://bit.ly/2EnObgJ),
Ukraine’s return to the international
loan market in September last
year was acknowledged as the best transaction
of 2017 in the region Central
and Eastern Europe, Middle East and Africa.
Last autumn, Ukraine
issued Eurobonds amounting 3 billion USD with the maturity
term of 15 years (https://goo.gl/ZgMeB6).
A part of
the revenues from this emission
was used for the buy-out/exchange of the
bonds due to be re-paid
in 2019 and 2020. These are the
years when the highest debt
amount is to be re-paid
to the creditors.
Minister of Finance
Oleksandr Danyliuk stressed
the importance of the last
year’s return of Ukraine to
the international loan market for
the public debt management.
“This is
an active operation which is an important
step for the effective public
debt management. The successful placement of the
Ukrainian Eurobonds means that investors
trust Ukraine. But the most
important point is that this
placement is a step towards the
future stabilization of our financial
system.”
Yuriy Butsa emphasized
the importance of the coordinated
work of the
team of professionals
who prepared this historical transaction.
“This acknowledgement
is especially pleasant for us
given the record number of
bond placements in the region
in 2017 amounting approx. 200 billion USD. This is one
more reason to say thank
you to all
teams which prepared this historical
transaction. Further steps will follow.”