Ukraine paid 505 million dollars of interest on restructured Eurobonds

Source : 112 Ukraine

The fourth coupon on the bonds of the external government loan was repaid recently
16:56, 2 September 2017

Open source

On September 1, the Ministry of Finance of Ukraine paid off the fourth coupon on the bonds of external state loan (Eurobonds), Interfax-Ukraine reports with reference to the source in the department.

According to the report, the total amount of payment was about $ 505.4 million.

We recall that these eurobonds were issued in the framework of Ukraine's debt operation with a state and state-guaranteed debt, as well as the restructuring of external borrowings of Kyiv, Ukravtodor and Pivdenne Design Bureau State Company.

The interest rate for all these securities is set at 7.75% per annum. Interest income is accrued and paid twice a year - on March 1 and September 1, starting from March 1, 2016. The maturity date is September 1 of the corresponding year - from 2019 to 2027.

The total amount of the first coupon payment was $ 473.313 million, the second and third - $ 505.429 million.

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