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Published on 8/5/2005 in the Prospect News Emerging Markets Daily.

Ukraine city of Kiev expected to bring €200-€250 million seven- to 10-year bond

By Paul A. Harris

St. Louis, Aug. 5 - The city of Kyiv is expected to announce a €200 million to €250 million eurobond offering in the Aug. 8 week, according to a market source.

The bond is believed to be coming with a seven- to 10-year maturity and is expected to be priced before the end of the year.

In May Standard & Poor's raised the city's long-term issuer credit rating to B+ from B, with a positive outlook.

Kyiv is the capital and largest city of the Ukraine.


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