Ukraine pays $110.7 mln coupon for eurobonds due in 2032 – Finance ministry
The Ministry of Finance of Ukraine on September 25 redeemed the sixth coupon on external government loan bonds (eurobonds) with maturity until 2032, the ministry has told Interfax-Ukraine.
According to the Ministry of Finance, the total amount of the payment was $110.625 million.
As reported, Ukraine in September 2017 placed 15-year $3 billion eurobonds, including for the amount of $1.682 billion to exchange them for or redeem the eurobonds with maturity in 2019 and 2020, which were issued as part of debt restructuring in 2015 and the payment of accrued coupon.
The new eurobonds were placed at 7.375% per annum. The coupon is paid every six months – on March 25 and September 25.
Their repayment is scheduled in equal installments of 25% of the principal on March 25 and September 25, 2031, March 25 and September 25, 2032.