Ukreximbank (Kyiv) has placed five-year eurobonds worth $100 million maturing in 2018 and with a coupon rate of 8.75% per annum, at the price of 101.437% of their face value, reads a prospectus of the eurobond issue, a copy of which has been sent to Interfax-Ukraine.

The document says that the additional issue will be united with the existing January 2013 issue of eurobonds worth $500 million.

The report says that fees to lead-managers and other expenses came to $300,000.

It is expected that the bonds will be issued on April 3, 2013.

It is planned to spend the funds borrowed on lending to corporate borrowers and general banking purposes.

Ukreximbank on January 16, 2013 placed five-year eurobonds worth $500 million at 8.75% per annum. The securities were issued through Biz Finance PLC. The lead managers of the issue were Credit Suisse and Morgan Stanley.

Ukreximbank was founded in 1992. All of its shares are owned by the state.

According to the National Bank of Ukraine, on October 1, 2012 in terms of total assets Ukreximbank ranked third among the 175 banks operating in the country.