OREANDA-NEWS. On 31 March 2009 was announced, that according to the Economy Ministry B. Danylyshyn, Ukraine intends to attract USD 5bn of 25-year loan form Japan. This was preliminary discussed by the Prime Ministers of Ukraine and Japan, while the final decision may be taken during the negotiations between Ukrainian and Japanese delegations in Japan on the next week. According to Mr. Danylyshyn, the loan conditions are expected to be more favorable than those of the IMF's loan.

Millennium Capital sees the news to be NEUTRAL, since there is no guarantee on the loan provision yet, while its provision for so long period is a positive sign for the economy of Ukraine. Still, Millennium Capital sees that the positive result of the loan negotiations may make the government to the refuse from the IMF loan negotiating. In its turn it may enable the government to increase the budget deficit and the money supply by more than was required by the IMF.

Millennium Capital is an integrated financial services provider. Established in 2000 by a group of professionals with solid background in securities and corporate finance, Millennium Capital is now one of the major investment banking institutions.