OREANDA-NEWS. On 13 August 2009 was announced, that Ukrainian railway operators have begun placing more than UAH 1 bln in local bonds, Korrespondent reported yesterday. According to the bond prospectuses, the volumes to be issued by each operator are as follows: Donetsk Railways (Series A) – UAH 150 mln, South Western Railways (Series B) – UAH 200 mln, Prydniprovsk Railways (Series A) – UAH 220 mln, South Railways (Series A) – UAH 100 mln, Odesa Railways (Series A) – UAH 250 mln, and Lviv Railways (Series A) – UAH 80 mln. The bonds will have a monthly coupon and be placed at 24% YTM. Bond proceeds will be used primarily to repay external loans.

Concorde Capital is a full service investment bank operating on the Ukrainian, Russian and CIS markets. In 2007 Concorde Capital’s analytical team was recognized as the Top Team covering Ukraine by Thomson Extel's Pan European Survey. Senior Analyst Alexander Paraschiy was recognized as the Leading Pan-European Investment Analyst – European Emerging Markets. Concorde Capital is a leader when it comes to private placements and M&A deals. Concorde Capital’s sale of a stake in Electron Bank to Volksbank International AG was named the Best Ukrainian M&A deal of the year 2007 by the Adam Smith Institute.