Raiffeisen Bank
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Kernel-Trade issues $50 million in Ukraine’s first public corporate bond of this size denominated in foreign currency
Ukraine’s securities regulator registered a $50 million three-year corporate bond issue by Kernel-Trade, with an initial annual coupon of 5.75% and maturity in November 2029. The bonds will be sold through the PFTS exchange to finance agricultural purchases, oilseed processing, and trade, export, and logistics operations. It is the first publicly offered foreign-currency corporate bond issue of this size in Ukraine.