OREANDA-NEWS. April 09, 2013. JSC Ukreximbank completed a Eurobond tap of the January 2018 issue in the amount of USD100 million. The tap of the very successful USD500 million 8.75% January 2018 issue was led by the same Lead Managers as the original issue, Credit Suisse Securities (Europe) Limited and Morgan Stanley & Co. International plc.

The new deal was issued at a premium of 1.437% at 101.437% with an implied yield of 8.375% p.a. The tap was rated "B3" by Moody's and "B" by Fitch, which is the same rating as the original issue.

The funds raised with this transaction will be used mainly for the financing of corporate customers and for general banking purposes.

The transaction was executed in a very short time, with the placement and pricing being completed within hours of the deal announcement, endorsing the high level of interest and trust of international investors in JSC Ukreximbank, and confirming JSC Ukreximbank’s ability to pro-actively access international financial markets.