AVELLUM advised on Ukraine's new benchmark euro-denominated notes
AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine on the second breakthrough issuance of Ukraine’s euro-denominated notes.
Ukraine raised EUR1,250,000,000 at a record low coupon of 4.375%. The new notes mature in 10 years.
This deal followed the EUR1,000,000,000 6.75% issuance Ukraine made in July 2019, which was the country’s first Euro offering in over a decade.