News and events

23 september 2004
The JSC Ukreximbank successfully accomplished debut USD 150 mio Eurobond issue

Not for release, publication or distribution, directly or indirectly, in or into the United States Ratings: Ba2 (Moody s), B+ (Fitch) Size: USD 150 mio Coupon: 7.75% IP 100 (T+436bp/MS+392/YTM 7.75 pc) Due: September 2009 Offering Format: RegS Listing: Luxembourg Stock Exchange Joint book-runners: UBS Limited & Dresdner Kleinwort Wasserstein Successful roadshow resulted in a hit ratio of 95%. Over 125 accounts participated in the offering. Distribution: by account: funds 56%; retail 29%; banks 15% by geography: UK and Ireland 40%; Switzerland 22%; Asia 20%; Germany & Austria 10%; other 8% Rated by Moody s two notches above the sovereign ceiling and by Fitch at the sovereign ceiling, the deal was 10 times oversubscribed and increased from USD 100m to USD 150m on the order-book that topped USD 1bn Pricing of 7.75% was the tightest pricing achieved by a non-sovereign Ukrainian issuer The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States. The contents of this website are not an offer of securities for sale in the United States. The bonds may not be offered or sold into the United States absent registration under the U.S. Securities Act of 1933 or an exemption therefrom. There is no intention to register any portion of the offering in the United States or to conduct a public offering of the bonds in the United States. The information relating to the bonds contained on this website is not an invitation nor is it intended to be an inducement to engage in investment activity for the purpose of Section 21 of the Financial Services and Markets Act 2000 of the United Kingdom ("FSMA"). To the extent that such information does constitute an inducement to engage in any investment activity, it is directed only at (i) persons outside of the United Kingdom or (ii) persons who are inside the United Kingdom (a) who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (as amended) of the United Kingdom (the "Financial Promotion Order") or (b) who fall within Articles 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Financial Promotion Order; (all such persons together being referred to as "relevant persons"), and must not be acted on or relied upon by persons other than relevant persons. Any invitation or inducement to engage in any investment activity included on this website is available only to relevant persons and such investment activity will be engaged in only with relevant persons. Anyone other than a relevant person must not rely on the information relating to the bonds contained on this website. The contents of this website shall not constitute an offer to sell or the solicitation of an offer to buy, not shall there be any sale of the bonds in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction