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                        THURSDAY, MAY 28, 2020
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Concorde Capital raises $50-mln to advise companies on liquidity issues
Journal Staff Report

KYIV, May 20 Concorde Capital investment company (Kyiv) intends to act as a financial adviser in attracting and structuring hybrid financing for Ukrainian companies experiencing problems with access to capital amid coronavirus crisis and raised $50 million for such bridge financing, Founder and Head of Concorde Capital Ihor Mazepa has told Interfax-Ukraine.

"Despite all the current events, Ukraine still has a large stratum of non-poor people who previously invested in property and received some rental income. Now this market has fallen, deposit rates in commercial banks have also fallen, that is a lot of instruments that were working two months ago, it turned out to be non-working. However, there is a need to continue to invest further," he said about the fund's sources.




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Currencies (in hryvnias)
  28.05.2020 prev
USD 27.00 26.90
RUR 0.380 0.380
EUR 29.72 29.51

Stock Market
  27.05.2020 prev
PFTS 500.1 500.1
source: PFTS

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