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Nadra Bank mulls $150 mln Eurobond issue in 2007, CEO says
Journal Staff Report

KIEV, Feb. 9 ??“ Nadra Bank is considering issuing Eurobonds worth at least $150 million in 2007 and to secure assets through placing securities worth no less than $100 million, Nadra Bank President Ihor Hylenko said.

"We have a rather aggressive target for foreign operations and??¦ rather serious tools to be used ??“ Eurobonds, syndicated loans, and securitization,??? Hylenko told Interfax-Ukraine. ???The sum of the Eurobonds issue will depend on demand on the market. The minimum target for us is no less than $150 million. We are waiting for [the result of] our annual audit, and maybe in April we will place [Eurobonds]."




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