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15.09.2018

PJSC "Ukrzaliznytsia" pays next coupon on USD 500 mln notes, listed on the Irish Stock Exchange (ISE)

On Thursday, September 13, 2018, “Ukrzaliznytsya” paid the next coupon in full and on time, in accordance with the issue terms.

Reliable servicing of external debt is further confirmation of a stable financial position of a company and demonstrates to existing and potential investors, including holders of Eurobonds, a high level of reliability to both as the issuer and debt obligations.

 "Our reputation as an issuer in the international borrowing market is one of the key assets of a company, which, in spite of both political and economic disasters, we haven’t lost on the road. And we will not allow it in the future”, commented by Andrej Riazantsev, the Chief Financial Officer of “Ukrzaliznytsia”.     

Let’s remind that  the debut issue of USD 500 mln Eurobond (LPN’s) was held in May 2013, coupon rate of 9.5 %, maturity 2018, listing on Irish Stock Exchange. In February 2016, it was reprofiled under the Government debt restructuring programm.The reprofiling consisted of an exchange of the 2018 Notes for the new U.S.$500,000,000 9.875 per cent. notes due 2021.