KIEV, Nov. 2 – The Financing of Infrastructural Projects state-run company has placed government-secured seven-year eurobonds worth $568 million at an approximate rate of 8% per annum, which are to be spent on preparations for hosting Euro 2012 European football championship matches in Lviv.
An analyst from Troika Dialog Ukraine, Maria Repko, said that according to unofficial data, Ukraine last Friday announced the completion of the placement and stopped accepting bids to buy eurobonds worth $568 million. She said that the approximate rate is 8% per annum, which equals around a 100 basis point bonus on the Ukraine 2017 eurobonds.
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