KIEV, Jan. 25 - Kernel, a large Ukrainian agrarian group, announced it has placed $500 million of bonds with a yield of 8.875% per annum.

The press service said that initially the yield for securities was assessed at 9.25-9.5%.

"This is a symbolic placement both for Kernel and Ukraine in general. It again opens access to Ukrainian issuers to the international capital market after a three-year pause. In addition, the successful placement of eurobonds confirms good credit quality of Kernel and trust of investor society to the company," the press service said.