Ukraine
After taking a four-year break from international markets to deal with a revolution, a military uprising and a sovereign debt restructuring, Ukraine is back with a planned sale of 10-15 year dollar bonds. The country is trying to lengthen its debt maturities to replace about $3.5 billion of bonds that mature over the next three years. Russia, which annexed part of Ukraine’s territory in 2014, is mentioned no fewer than 55 times in the risk section of the bond prospectus. The roadshow finishes today.
S&P credit rating: B-
This article was provided by Bloomberg News.