Naftogaz postpones eurobond placement

10:14, 20.10.2020 1 min read

Naftogaz Ukrainy in the evening on October 20 postponed the placement of dollar-denominated eurobonds indefinitely, a source in the market has told Interfax-Ukraine.

According to him, a corresponding report from the company has been sent to investors.

Earlier on October 20 it was reported that the benchmark for the yield of U.S. dollar eurobonds was 9-9.25%. The company planned to place a new issue with maturity in February 2027 and has already opened the order book. Citi is the sole organizer of the placement.