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Business    

Ukraine??™s Ukrsotsbank raises $400 mln from selling three-year Eurobond
Journal Staff Report

KIEV, Feb. 27 ??“ Ukrsotsbank, Ukraine??™s No. 6 bank by assets, raised $400 million, more than expected, through an issue of three-year Eurobonds as investors had rushed to buy the paper, the bank reported.

Ukrsotsbank planned to raise between $250 million and $300 million, but the investors had submitted bids exceeding $750 million allowing the bank to raise more money at a better price.




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